In Charts: Key data movement since RBI's February 8 monetary policy decision
The data-dependent nature of monetary policy means the evolution of key economic data is a crucial input into for the RBI and the MPC while making its interest rate decision.
The three-day meeting of the Reserve Bank of India's Monetary Policy Committee started on April 3. Headed by Governor Shaktikanta Das, the committee is scheduled to announce its decision at 10:00 am on April 6.
The MPC is widely expected to increase the policy repo rate for the seventh time in less than 12 months. Most economists expect the repo rate to be raised by 25 basis points to 6.75 percent.
One basis point is one-hundredth of a percentage point.