Clipped from: https://www.business-standard.com/article/finance/rbi-s-inflation-projections-jump-growth-numbers-dip-as-recvovery-wobbles-121080601145_1.html While it termed current inflation as transitory, MPC also expects it to edge up to near-6% levels towards 2021-22 end, highlighting stickiness of
Category: Economy
RBI’s inflation projections jump, growth numbers dip as recvovery wobbles | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/rbi-s-inflation-projections-jump-growth-numbers-dip-as-recvovery-wobbles-121080601145_1.html While it termed current inflation as transitory, MPC also expects it to edge up to near-6% levels towards 2021-22 end, highlighting stickiness of
Spreading disinflation over 2-3 years to reduce output loss, says RBI | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/spreading-disinflation-over-2-3-years-to-reduce-output-loss-says-rbi-121080700052_1.html ‘There is no blanket ban on opening of current accounts’, said M Rajeshwar Rao RBI Governor Shaktikanta Das | Photo: Bloomberg After the
RBI’s position of prioritising growth over inflation-control is becoming increasingly difficult to maintain | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/editorials/monetary-policy-committee-reserve-bank-of-india-7442309/ An initial reflection of this unease can be seen in the lack of consensus among the six MPC members when it came to
RBI Money Policy: RBI policy: Has the central bank lost the plot in terms of communication? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/rbi-policy-has-the-central-bank-lost-the-plot-in-terms-of-communication/articleshow/85103842.cmsSynopsis RBI Governor Shaktikanta Das and Deputy Governor Michael Patra raised more questions than answers on Friday. Das was repeatedly asked at a press
RBI Monetary Policy announcements: Reactions from market experts, Video Gallery – Business Standard
Clipped from: https://www.business-standard.com/multimedia/video-gallery/market/rbi-monetary-policy-announcements-reactions-from-market-experts-129427.htm RBI Monetary Policy announcements: Reactions from market experts Reserve Bank of India kept interest rates steady at record lows but raised its inflation
The first soft signal of return to normalcy from Monetary Policy Committee? | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/the-first-soft-signal-of-return-to-normalcy-from-monetary-policy-committee-121080601162_1.html?utm_source=Spotlight&utm_medium=website&utm_campaign=Newsletter_11072018 The Reserve Bank of India (RBI) sounds relatively more confident on growth now and, at the same time, its concerns on inflation are
MPC reassures status quo on rates, but changes view on inflation | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/mpc-reassures-status-quo-on-rates-but-changes-view-on-inflation-121080600368_1.html The temporary supply shocks that have led to higher inflation has been kept aside by the MPC while focusing on growth Madan Sabnavis,
PM Narendra Modi unveils strategy to boost exports | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/pm-narendra-modi-unveils-strategy-to-boost-exports-121080601758_1.html Interacting with Heads of Indian Missions abroad and stakeholders of trade and commerce virtually, Modi pointed out four factors that are very important
Monetary policy review: RBI holds rates steady, ups inflation forecast | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/monetary-policy-review-rbi-holds-rates-steady-ups-inflation-forecast-121080700065_1.html The RBI governor defended his protracted rate pause and lengthy accommodative stance as a compulsion brought by the pandemic Illustration: Ajay Mohanty The Reserve
Growth optimism: Will govt’s own investment and exports be enough? | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/growth-optimism-will-govt-s-own-investment-and-exports-be-enough-121080601418_1.html A step jump in medium-term growth rates, of the kind projected, needs all four engines of the economy to be firing. But the
MPC status quo has a different subtext – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/the-rbi-expects-inflation-to-ease-in-the-third-quarter/article35772764.ece?homepage=true The RBI expects inflation to ease in the third quarter – AFP The RBI needs to take strong steps to deal with excess
Time for caution – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/amidst-inflation-fears-and-growth-concerns-rbi-betrays-worries-about-managing-bond-markets/article35772617.ece?homepage=true Amidst inflation fears and growth concerns, RBI betrays worries about managing bond markets The Monetary Policy Committee has held rates for the seventh
Why the record low fiscal deficit of June quarter is unlikely to sustain – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/data-stories/data-focus/why-the-record-low-fiscal-deficit-of-june-quarter-is-unlikely-to-sustain/article35699962.ece?homepage=true Robust direct tax collections and the surplus transfer from the RBI have saved the day, combined with a tighter rein on revenue expenditure.
PM suggests 4-point strategy to achieve $400-b exports in FY22 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/pm-suggests-4-point-strategy-to-achieve-400-b-exports-in-fy22/article35775121.ece?homepage=true Rues that export basket remains limited to a few goods, destinations Prime Minister Narendra Modi today listed four factors to boost exports and
RBI keeps repo rate steady to support nascent recovery – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/mpc-maintains-status-quo-on-key-rates/article35758235.ece?homepage=true Forecasts rise in retail inflation; to conduct four VRRR auctions to mop up liquidity As widely expected, the RBI’s Monetary Policy Committee (MPC)
RBI needs to watch out for threats to financial stability–TIMES OF INDIA
Clipped from: https://timesofindia.indiatimes.com/blogs/toi-editorials/rbi-needs-to-watch-out-for-threats-to-financial-stability/Quick Edit TOI Quick Edits are written by a team of seasoned journalists from the Times of India’s Edit Page and TOI-Online who respond
Inflation: What’s causing structurally high inflation in India? ANZ Bank’s Sanjay Mathur explains – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/expert-view/whats-causing-structurally-high-inflation-in-india-anz-banks-sanjay-mathur-explains/articleshow/85060019.cmsSynopsis “The May CPI reading of 6.30% year-on-year was quite telling. Whichever way you dissect it — look at core or the super-core, there
Subdued revenue spend may hit economic recovery, say economists | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/subdued-revenue-spend-may-hit-economic-recovery-say-economists-121080600029_1.html Experts say reduction in revenue expenditure may not result in capex rise Illustration: Binay Sinha The Centre’s capital expenditure saw a robust double-digit growth in
Move to do away with infamous retro tax will boost investment sentiments | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/move-to-do-away-with-infamous-retro-tax-will-boost-investment-sentiments-121080501695_1.html The Bill now introduced in the Parliament proposes to provide that no tax demand shall be raised on indirect transfers effected prior to