India inflation cools more than expected in October, boosting hopes for further rate cuts

Group 1 - India's consumer inflation cooled to 0.25% in October, which is below the estimated rise of 0.48% and significantly lower than the 1.54% recorded in September [1] - The Reserve Bank of India revised its inflation forecast for the fiscal year ending March 2026 to 2.6% from 3.1% [2] - The central bank maintained its key policy rate at 5% despite the revised inflation forecast [2]