The data indicates differentiated inflation rates for rural and urban areas, with rural inflation at 5.28 per cent and urban inflation at 4.15 per cent.
The protesters stated that it has become difficult to manage household expenses amid soaring inflation, but Islamabad has remained apathetic towards their plight.
After a largely stable Tuesday, Indian stock indices kicked off today's session on a positive note, continuing with the bull run trend of the past several sessions.
Indian stock indices were largely steady at the opening bell Tuesday, with a downward slant. Indices Sensex and Nifty were a shy above their yesterday's closing at the time of filing this report.
Amid rising inflation and debt, the Pakistani economy continues to be majorly dependent upon relief packages from international lending organizations like the IMF.
Analysts believe that investors will keep an eye on the US Fed interest rate decision, India's inflation data, and the decisions of the new government will be on the watch list for the upcoming week starting from Monday.
The Ministry of Education established a committee to review the grace marks awarded to over 1,500 candidates. Several candidates alleged that the inflation of marks has resulted in 67 candidates securing the top rank, including six from the same exam centre in Haryana.
The report, authored by Soumya Kanti Ghosh, SBI's Group Chief Economic Adviser, expects first repo rate cut in October meeting. The repo rate is the rate of interest at which the RBI lends to other banks.
"The elephant (Inflation) is walking very slowly, and we are watchful about this. It is around 4.9 per cent, 4.8 per cent and earlier it was 5 per cent. Our target is 4 per cent for inflation and we hope it goes the soon and most importantly it should stay there," said Das.
The RBI has revised the GDP forecast for the current FY 24-25 to 7.2 per cent from 7 per cent earlier, and the CPI inflation is projected at 4.5 per cent.