Elephant has gone for walk but can come back: RBI Guv on inflation
RBI Governor Shaktikanta Das, while talking about the dip in inflation, said the "elephant has gone for a walk" but it "can come back anytime". He cited uncertainties related to geopolitical situations and weather events that can impact inflation. Inflation is on "a downward trajectory" but has still not come down to RBI's target of 4%, he added.