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EconomyIndia joins global rate-tightening wave with first hike in nearly four years

India’s central bank raised its benchmark repo rate by 25 basis points to 5.5% on Wednesday, its first rate increase in nearly four years, as inflation pressures mounted alongside strong economic growth.

Indiacentral bankrate hikeinflation

RReuters★★★☆☆2026-10-07 06:30Original

India joins global rate-tightening wave with first hike in nearly four years
India joins global rate-tightening wave with first hike in nearly four yearsEconomy