One-Off 4% Inflation Reading Not Enough To Drive Policy Changes, Says RBI's Das | Read

Reserve Bank of India Governor Shaktikanta Das said on Tuesday that a one-off 4% inflation reading will not drive policy decisions, urging patience instead and stressed the need for sustained control over inflation, targeting a durable alignment with the 4% goal. We will not alter our policy based on a single 4% reading, Das told NDTV Profit's Sanjay Pugalia in a televised interview, adding that we must ensure inflation stays around 4% sustainably. "We want inflation to decline to 4% and stay there." India's growth remains intact, stable, and resilient, with only minimal sacrifice so far, making it the fastest-growing economy in fiscal 2024-25, Das said.