Microsoft Raises prices of Xbox Series X /S and Games.
timesofindia.indiatimes.com
Not sure if Indian price will rise too.
In a support page, the company wrote: “As of May 1, we have adjusted recommended retailer pricing for our consoles and controllers worldwide. We also expect to adjust the pricing of some of our new, first-party games starting this holiday season to $79.99. Those titles purchased on the Xbox Store have the benefit of Xbox Play Anywhere, allowing players to buy once and play on console and PC at no additional cost.

Xbox Price Increase: Microsoft increases price of Xbox consoles, controllers and games; says ‘we understand that these changes are…’ | - The Times of India
GAMING News: Microsoft has increased the prices of its Xbox Series S/X consoles, controllers, and select first-party games globally, effective May 1st. The Xbox Se

Not sure if Indian price will rise too.