India's inflation rises to 4.45% in July, fueling expectations of RBI rate hike

India's retail inflation climbed to 4.45% in July, marking an acceleration from the previous month. The uptick in price growth has renewed expectations that the Reserve Bank of India may consider raising interest rates in the coming months.

The inflation figure, measured by the Consumer Price Index, signals growing price pressures across the economy. Market participants are now closely watching for signals from the RBI's monetary policy stance.