![]() | India's economic growth appears to be very fragile, says RBI's MPC memberThe Reserve Bank of India (RBI) has projected India's economic growth at 6.4 per cent for 2023- 24. |
![]() | Don’t forget growth in race to curb inflationCentral banks around the globe have an unenviable job of regulating the unusually flaring inflation amid fears of a recession. |
![]() | Moderate rate hike gives leeway to make data-driven changes in monetary policy: RBI GovernorThe RBI governor stopped short of making any forward-looking statement on the policy stance. |
![]() | RBI's Monetary Policy Committee meeting starts amid expectations of lower rate hikeIn the current rate cycle, it said that rate actions, both hikes and cuts, have been largely synchronised with actions of the monetary authorities in the developed nations. |
![]() | RBI hikes benchmark lending rate by 35 basis points to 6.25 per centThis is the fifth consecutive rate hike after a 40 basis points increase in May and 50 basis points hike each in June, August and September. |
![]() | Experts say Monetary Policy Committee may hike repo rate by 35 bpsThe RBI has increased the Repo rate four times since May this year by 190 basis points. |
![]() | RBI panel meets to draft report for missing inflation target; no rate actionThe RBI Act requires the central bank's MPC to report to the government reasons for failure to meet the retail inflation target and measures to bring it at 4 per cent with a margin of 2 per cent on ei |
![]() | Missed inflation target, but acting early would have exerted heavy costs: RBI DasAmid the charged-up debate on rupee depreciation, Das asked everybody not to look at the situation in an emotional manner, asserting that the domestic currency has behaved in an orderly way. |
![]() | Need to get inflation target rates rightThe RBI’s inflation mandate was deemed a gentlemen’s agreement and never meant to be broken. |
![]() | High inflation rate mainly a consequence of exogenous price shocks: RBI MPC memberAs per the mandate given to the RBI by the Union government, the central bank is required to ensure retail inflation remains at 4 per cent with a margin of 2 per cent on either side. |
![]() | Rate hike buzz as RBI calls unscheduled MPC meetingComing close on the heels of the US Federal Reserve’s policy review, market watchers believe the MPC too may raise rates, though the chances appear slim. |
![]() | RBI to hold special MPC meet on November 3 on preparing inflation reportThe inflation has remained above the upper tolerance limit of 6 per cent for nine straight months or three quarters. |
![]() | Demonetisation behind the buoyancy in tax collections, says RBI MPC memberThe tax department on October 9 said that the gross collection of tax on corporate and individual earnings jumped nearly 24 per cent so far in the current fiscal year to Rs 8.98 lakh crore. |
![]() | RBI panel favours rate hike to tame inflationThe RBI on 30 September 2022 announced 50 bps hike in repo rate, the short-term rate at which RBI lends to banks. |
![]() | 'Eight years of systemic reforms increased India's macroeconomic stability': RBI MPC MemberAshima Goyal further said appropriate countercyclical macroeconomic policy with continuing supply-side improvements has enabled a growth recovery that is among the best in the world. |
![]() | 'Freebies are never free; political parties must be required to inform voters about financial implications': RBI MPC memberGoyal further said a cost is imposed somewhere when governments provide freebies, but this is worth incurring for public goods and services that build capacity. |
![]() | Inflation above RBI target worries MPC membersThe minutes of the Monetary Policy Committee meeting show members of the committee remain cautious of the underlying inflationary pressure despite the recent moderation. |
![]() | Banks cannot perennially rely on RBI money to support credit offtake: Shaktikanta DasThe RBI Governor said banks have already started to pass on the hike in repo rates to their depositors and the trend is expected to continue. |
![]() | RBI to go for 35 basis points hike in rates at next week's monetary policy meeting: ReportLast week, RBI Governor Shaktikanta Das said that headline inflation, which came at 7.04 per cent for April, is appearing to have peaked. |
![]() | High inflation weighed on Monetary Policy Committee members as RBI raised rate: MinutesThe MPC comprises the RBI Governor, two central bank officials, and three independent members nominated by the government. |
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