India better positioned on inflation, RBI should keep rates unchanged: ASSOCHAM

Key points

• India is in a stronger position than many of the world’s largest economies when it comes to managing retail inflation, industry body ASSOCHAM said on Friday.
• Amid global uncertainty caused by the ongoing conflict in West Asia, the organisation has urged the Reserve Bank of India (RBI) to avoid changing interest rates in its upcoming monetary policy review scheduled for early June.
• Read Full Story According to ASSOCHAM, India’s inflation has remained relatively stable despite rising energy prices and global tensions.
• The industry body believes the RBI should maintain the current repo rate while introducing targeted relief measures for small businesses, especially export-focused and energy-intensive MSMEs.
• INDIA FARES BETTER THAN MAJOR ECONOMIES ASSOCHAM’s analysis showed that India’s retail inflation increased only slightly from 3.2% in February 2026 to 3.5% in April 2026 — a rise of just 0.3 percentage points.