The Reserve Bank of India’s monthly bulletin highlighted challenges in achieving the 4% inflation target, citing persistent food price pressures. Despite global trends of easing inflation, India’s inflation remains elevated primarily due to volatile food prices. The RBI’s monetary policy stance, maintaining a key rate of 6.5%, aims to curb inflation while supporting economic resilience. The bulletin forecasts headline inflation to decrease to 4.5% by 2024-25 from 5.4% in the previous fiscal year, with caution on potential price hikes later in the year.