India anticipates low inflation through 2026, with plans to revise its Consumer Price Index (CPI) methodology and monetary policy mandate by then. Retail inflation has remained within the Reserve Bank of India's comfort zone, aided by falling food prices and GST reductions. Wholesale Price Index (WPI) also shows easing pressures, entering deflation. With inflation falling below the RBI's 2% lower band, discussions around the central bank's inflation targeting mandate are underway.