Cooling crude may give RBI room to stay on pause | TheBriefWire
Cooling crude may give RBI room to stay on pause
Published 16 June 2026 ยท finance
Synopsis India's wholesale inflation is high, driven by fuel and manufacturing costs. However, falling global crude oil prices and a stable rupee offer potential relief
Synopsis India's wholesale inflation is high, driven by fuel and manufacturing costs. However, falling global crude oil prices and a stable rupee offer potential relief.
This could allow the Reserve Bank of India to postpone interest rate increases. The central bank is monitoring weather-related food inflation risks. A new Producer