Inflation is expected to ease further as food prices decline and households expect general prices to ease. The Reserve bank has projected inflation to be closer to target at 4.5 percent in FY'2024-25. Inflation expectations of households appear well anchored with one year ahead expectation reducing to single digits for the first time since Covid- 19, to 9.9% in September from 10.3% in July survey.
India's wealthy opt for term insurance policies worth Rs 5-20 crore: Report
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