The governor said that resilient growth has given the central bank the space to focus on inflation to ensure its durable descent to the 4% target.

MUMBAI: Reserve Bank of India governor Shaktikanta Das has reiterated that the central bank's war against inflation is not yet over, indicating that rates will remain higher for longer."By emphasising our firm commitment to realign inflation with the target,

Reserve Bank Governor Shaktikanta Das emphasized the importance of price stability for sustained growth, focusing on reducing retail inflation to 4%. Addressing global central banks, he highlighted the RBI's strategy amidst global uncertainties and outlined the role of central banks in maintaining economic stability in the Global South.

In all of the measures, RBI’s stance has remained the same, Das said, with the focus on balancing inflation with growth.

Governor Shaktikanta Das on Thursday underscored the crucial role of price stability as the foundation for sustained economic growth during his address at the "High-Level Policy Conference of Central Banks from the Global South.

Reserve Bank Governor emphasizes importance of price stability for sustained growth, aiming to reduce inflation to 4%.

MUMBAI: Amidst calls from central ministers for rate cut ahead of the next policy announcement on December 6, Reserve Bank governor Shaktikanta Das has said growth is a fundamental necessity for the Global South,

In the long run, price stability supports sustained high growth. Price stability is also important because high inflation is disproportionately burdensome on the poor': Reserve Bank of India

The Consumer Price Index accelerated to a 14-month high of 6.21 per cent in October, compared to 5.5 per cent in September.

Price stability is important also because high inflation tends to be disproportionately burdensome on the poor, according to RBI governor Shaktikanta Das.