Try GOLD - Free
Food price spikes validate inflation view of MPC: RBI
Hindustan Times
|July 18, 2023
The rise in food prices, which sparked high inflation in June, aligns with the rate-setting committee's view that the fight against inflation will be prolonged, the Reserve Bank of India (RBI) said on Monday.
MUMBAI: "Food price spikes, typical of the onset of the monsoon, drove up headline inflation in June, corroborating the monetary policy committee's (MPC) view that the fight against inflation is far from over, and monetary policy has to stay the course on the arduous last leg of the journey to align inflation with the target," according to an article, State of the Economy, published in the central bank's July bulletin.
Authored by RBI officials, the article was accompanied by the customary disclaimer that views expressed are those of the authors and do not reflect the views of the organization.
This story is from the July 18, 2023 edition of Hindustan Times.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Hindustan Times
Hindustan Times
Underground infra: A planning blind spot
As water turns toxic, tunnels flood, a deeper failure surfaces—absence of underground planning and governance in cities
6 mins
January 12, 2026
Hindustan Times Delhi
Centre asks states to implement scalable, safe sanitation models amid Indore scare
The Centre, in a recent review held by Union jal shakti minister CR Patil, advised states to implement scalable and safe sanitation models under the Swachh Bharat Mission (rural), a move that comes amid heightened public-health concerns following the deaths of at least 10 people in Indore linked to sewage-contaminated drinking water.
1 mins
January 12, 2026
Hindustan Times
Ambani, Adani unveil big bets at Vibrant Guj
Top industrial houses, including Reliance Industries and the Adani Group, lined up large investment proposals for Gujarat on the inaugural day of the Vibrant Gujarat Regional Conference for the Kutch and Saurashtra regions, in Rajkot on Sunday.
3 mins
January 12, 2026
Hindustan Times Delhi
On a cold night’s assignment
On the winter work of three “ghori wale”
2 mins
January 12, 2026
Hindustan Times Delhi
BJP-AAP row over Guru Tegh Bahadur escalates
Several Aam Aadmi Party (AAP) workers and MLA Saurabh Bhardwaj were briefly detained during a protest near the Bharatiya Janata Party (BJP) headquarters in central Delhi’s DDU Marg as the political row over the alleged insult to Guru Tegh Bahadur escalated on Sunday.
2 mins
January 12, 2026
Hindustan Times
Born in India, still stateless? Top court to examine citizenship law
The Supreme Court has agreed to examine whether India’s citizenship law can be interpreted liberally to ease the path to citizenship for children born in India to foreign nationals, including whether such children can be treated as “persons of Indian origin” (PIO) or otherwise granted citizenship by registration.
1 min
January 12, 2026
Hindustan Times
‘Youth key to building developed city’
Chief minister Rekha Gupta on Sunday chaired an interactive “Lunch Pe Charcha” programme with the youth of Delhi, ahead of the National Youth Day on Monday.
1 min
January 12, 2026
Hindustan Times
Sabarimala case needs neutral agency probe: Shah in Kerala
Union Home Minister Amit Shah demanded on Sunday that Kerala chief minister Pinarayi Vijayan hand over the probe into the Sabarimala gold theft case to a neutral investigation agency, signalling that the state police could not conduct an impartial inquiry.
2 mins
January 12, 2026
Hindustan Times
X acts on obscene Grok content after govt notice
Microblogging platform X removed about 3,500 pieces of content and deleted over 600 accounts after the company accepted its mistake in handling objectionable content generated by its AI chatbot Grok and committed to complying with Indian law, officials aware of the matter said on Sunday.
3 mins
January 12, 2026
Hindustan Times
MADHYA PRADESH TO OBSERVE 2026 AS KRISHAK KALYAN VARSH
CM Mohan Yadav inaugurates Krishak Kalyan Varsh-2026, leads a historic rally of 1,101 tractors
1 mins
January 12, 2026
Translate
Change font size