👍👍👍👍👍MPC takes sanguine view on growth, inflation for FY25 – The Hindu BusinessLine

https://www.thehindubusinessline.com/opinion/editorial/mpc-takes-sanguine-view-on-growth-inflation-for-fy25/article68032875.ece Clipped from: https://www.thehindubusinessline.com/opinion/editorial/mpc-takes-sanguine-view-on-growth-inflation-for-fy25/article68032875.ece The MPC’s optimism on inflation is notable, given that foreign portfolio flows into the debt market are expected to accelerate in coming

👍👍👍👍👍Monetary policy review: Optimism on growth, caution on inflation | Expert Views – Business Standard

https://www.business-standard.com/opinion/columns/monetary-policy-review-optimism-on-growth-caution-on-inflation-124040501240_1.html Clipped from: https://www.business-standard.com/opinion/columns/monetary-policy-review-optimism-on-growth-caution-on-inflation-124040501240_1.html Five of the six members of the RBI’s MPC panel have voted for the status quo on both the policy rate and

Housing sales up 68% in Jan-Mar to Rs 1.1 trn on higher volumes: Report | News – Business Standard

https://www.business-standard.com/industry/news/housing-sales-up-68-in-jan-mar-to-rs-1-1-trn-on-higher-volumes-report-124040900455_1.html Clipped from: https://www.business-standard.com/industry/news/housing-sales-up-68-in-jan-mar-to-rs-1-1-trn-on-higher-volumes-report-124040900455_1.html In terms of area, housing sales surged 63 per cent to 162 million square feet in the first quarter of this calendar

Household debt registered new high by Q3FY24, savings plummeted: Report | Economy & Policy News – Business Standard

https://www.business-standard.com/economy/news/household-debt-registered-new-high-by-q3fy24-savings-plummeted-report-124040900472_1.html Clipped from: https://www.business-standard.com/economy/news/household-debt-registered-new-high-by-q3fy24-savings-plummeted-report-124040900472_1.html A report by Motilal Oswal said that households’ net savings plummeted to a six-year low level of 18.4 per cent of GDP

Ratio of GST collections to GDP is increasing, albeit at a slow pace | Economy & Policy News – Business Standard

https://www.business-standard.com/economy/news/ratio-of-gst-collections-to-gdp-is-increasing-albeit-at-a-slow-pace-124040900613_1.html Clipped from: https://www.business-standard.com/economy/news/ratio-of-gst-collections-to-gdp-is-increasing-albeit-at-a-slow-pace-124040900613_1.html GST receipts rose more than GDP growth in nominal terms in the past three years. But buoyancy came down from 1.6 to

MPC decisions [1] About perceived weak consumer demand–RBI Governor responds by saying – urban consumption remains strong and rural consumption has recovered and is gaining –[ so by implication there is no weak consumer demand ] [2] Transmission– between April and February, there is still transmission going on –In January there was 13 basis points of increase in fresh loans. He feels as mobilisation of deposits takes place at higher and higher rates , there will be further transmission in the lending rates. [3] RBI says even going 12 months forward, inflation is not at target While real rates do matter but we need to see that inflation aligns with target that is the primary objective of monetary policy–Courtesy Business Standard

General insurance industry maintains double-digit growth in gross premium in FY24 – The Hindu BusinessLine

https://www.thehindubusinessline.com/money-and-banking/general-insurance-industry-maintains-double-digit-growth-in-gross-premium-in-fy24/article68043130.ece lipped from: https://www.thehindubusinessline.com/money-and-banking/general-insurance-industry-maintains-double-digit-growth-in-gross-premium-in-fy24/article68043130.ece Gross premium of 25 non-life insurance companies grew 14 per cent at ₹2.45-lakh crore in FY24 The general insurance industry has ended the fiscal