Oil prices and monsoon uncertainty will shape RBI’s inflation outlook
Loading… Oil prices just jumped again. The RBI is watching closely. Monsoon forecasts look shaky too. Both factors will decide where inflation goes next. Crude Oil Surge Hits Import Bill Brent crude crossed $82 per barrel last week. India imports 85% of its oil needs. Every $10 rise adds Rs 1.2 lakh crore to the … Read more