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India central bank raises policy rate

India's central bank raised its policy rate by 25 basis points, its first hike in nearly four years, and the rupee retreated afterwards. A survey shows households expect inflation to rise sharply over the next three months and one year.

Developments: 4
Outlets: 3
Followed since: 7 Oct

The latest development

Latest · Wed 7 Oct, 15:55 UTCIndian households expect inflation to rise sharplySurvey data show households expect higher inflation over three months and one year, reflecting price pressures behind the central bank's rate hike.

01The story so far

four developments over one day, a square each

02Developmentsnewest first

Wednesday 7 October

4 developments

15:55 UTC· the latest
Indian households expect inflation to rise sharply
Survey data show households expect higher inflation over three months and one year, reflecting price pressures behind the central bank's rate hike.
1 sourceBloomberg
- BloombergXWed 7 Oct, 15:55
  Indian households expect inflation to rise sharply over the next three months and one year, reflecting concerns over price pressures that prompted the central bank to increase the benchmark rate for the first time in nearly four years
  The original post
11:30 UTC
India raises policy rate 25 bps in first hike in nearly four years
The Reserve Bank of India raised its policy rate by 25 basis points, joining a global tightening wave. The rupee retreated even after the hike.
MumbaiIN
3 sourcesReuters, Bloomberg
- ReutersXWed 7 Oct, 11:30
  VIEW India raises policy rate by 25 bps in first hike in nearly four years
  The original post
- ReutersXWed 7 Oct, 11:40
  India joins global rate-tightening wave with first hike in nearly 4 years
  The original post
- BloombergXWed 7 Oct, 11:55
  India’s rupee retreated even after the central bank hiked interest rates for the first time in four years
  The original post
10:44 UTC
India raises policy rate for first time since 2023
The hike reflects a global shift toward tighter monetary policy as central banks fight inflation driven by the Middle East conflict.
MumbaiIN
2 sourcesBBC World
- BBC WorldRSSWed 7 Oct, 10:44
  India's first bank rate hike since 2023 signals growing inflation concerns The hike reflects a global shift towards tighter monetary policy as central banks battle inflation fuelled by Middle East conflict.
  The original post
- BBC WorldXWed 7 Oct, 10:47
  India's first bank rate hike since 2023 signals growing inflation concerns
  The original post
07:10 UTC
India raises policy rate 25 bps in first hike in four years
India's central bank raised its benchmark rate by 25 basis points, its first increase in nearly four years.
MumbaiIN
2 sourcesReuters
- ReutersXWed 7 Oct, 07:10
  VIEW India raises policy rate by 25 bps in first hike in nearly four years
  The original post
- ReutersXWed 7 Oct, 07:35
  India joins global rate-tightening wave with first hike in nearly 4 years
  The original post

India central bank raises policy rate

Developments

Wednesday 7 October

Indian households expect inflation to rise sharply

India raises policy rate 25 bps in first hike in nearly four years

India raises policy rate for first time since 2023

India raises policy rate 25 bps in first hike in four years