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India
IndiaHow inflation is measured in India
The price indices behind the headline number, the RBI’s 4% target, and why your own costs can rise faster — or slower — than the official figure.
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India
India’s economy: the rupee, rates and markets
Costly oil, a strong dollar and foreign selling have kept the rupee near 95 to the dollar since March 2026, and the Reserve Bank of India raised interest rates in October. Follow the RBI, the markets, the tax debate and the numbers.
FollowUpdated 2 November 2026
Ministry of Parliamentary Affairs / PIB (Government Open Data Licence – India) - Rupee
- Crossed 95 to the dollar for the first time on 30 March 2026
- Repo rate
- 5.50%, after a 25-basis-point rise in October 2026
- RBI stance
- “Calibrated tightening”
- Inflation forecast
- 5.2% for 2026–27 (RBI)
- Next RBI decision
- 4 December 2026 (the MPC meets on 2–4 December)
- Union Budget 2027–28
- Due in February 2027
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In numbers
Indian rupee vs US dollar
Federal Reserve Board, H.10 Foreign Exchange Rates (monthly average), via FRED · latest: 2026-09
In numbers
Crude oil prices (Brent & WTI)
BrentWTI
US Energy Information Administration — Europe Brent and WTI Cushing spot prices, monthly average · latest: 2026-09
In numbers
Gold price
World Bank Commodity Price Data (Pink Sheet); earlier years: Timothy Green, historical gold prices · latest: 2026-09