https://www.taxtmi.com/news?id=72868 The Reserve Bank of India is monitoring whether supply shocks become embedded in the general price level and require monetary policy action. Temporary first-round effects may be looked through, but sustained increases that raise wages, production and transportation costs and generate broader inflation may call for tighter policy. A wide inflation tolerance band provides space to absorb short-run volatility while keeping the medium-term focus on price stability and data-dependent policy. en-us Mon, 18 May 2026 21:16:03 +0530 Mon, 18 May 2026 21:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=72868 The Reserve Bank of India is monitoring whether supply shocks become embedded in the general price level and require monetary policy action. Temporary first-round effects may be looked through, but sustained increases that raise wages, production and transportation costs and generate broader inflation may call for tighter policy. A wide inflation tolerance band provides space to absorb short-run volatility while keeping the medium-term focus on price stability and data-dependent policy. News - Mon, 18 May 2026 21:16:03 +0530 https://www.taxtmi.com/news?id=72868