INDIA’S INFLATION COOLS TO LOWER-THAN-EXPECTED 4.31% IN JANUARY

India's inflation dropped to 4.31% in January, the lowest since August 2024.
This is the third month in a row that inflation has fallen.
It was lower than expected (economists predicted 4.6%).
The drop gives the central bank more room to lower interest rates.
Last week, the bank cut rates for the first time in nearly five years.