Inflation hit 6.95 percent in March, leading to concerns that retail inflation may breach the upper limit of the RBI's 2-6 percent target band for three successive quarters now, even as the economy struggles with growth challenges
Indrani Majumder, a consumer, buys vegetables from a roadside vegetable vendor in Kolkata, India, March 22, 2022. Picture taken March 22, 2022; Image: Rupak De Chowdhuri / REUTERS