https://www.thehindubusinessline.com/money-and-banking/rbi-mpc-cautious-optimism-at-its-best/article67618228.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-mpc-cautious-optimism-at-its-best/article67618228.ece Not taking the eye off inflation management, the MPC is keeping all options open Mumbai RBI Governor Shaktikanta Das’ 32nd monetary policy,
Category: MPC
Banking liquidity deficit at 5-yr high, to narrow next week: Economists
https://www.business-standard.com/economy/news/banking-liquidity-deficit-at-5-yr-high-to-narrow-next-week-economists-123112200684_1.html lipped from: https://www.business-standard.com/economy/news/banking-liquidity-deficit-at-5-yr-high-to-narrow-next-week-economists-123112200684_1.html The deficit was the highest since Dec 26, 2018, when it had hit Rs 1.86 trillion, according to economists Listen to This
Credit growth to moderate, lending rates likely to go up: SBI Chairman – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/credit-growth-to-moderate-lending-rates-likely-to-go-up-sbi-chairman/article67562230.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/credit-growth-to-moderate-lending-rates-likely-to-go-up-sbi-chairman/article67562230.ece SBI Chairman Dinesh Kumar Khara expects 2-3 bps hit to margins this quarter RBI’s measure to increase risk weights on unsecured consumer loans
Food inflation sole threat to 4% CPI target: RBI ‘State of Economy’ report
https://www.business-standard.com/economy/news/food-inflation-sole-threat-to-rbi-s-4-target-state-of-the-economy-report-123111601064_1.html Clipped from: https://www.business-standard.com/economy/news/food-inflation-sole-threat-to-rbi-s-4-target-state-of-the-economy-report-123111601064_1.html The headline inflation had risen to a 15-month high of 7.44 per cent in July due to a surge in retail prices
Monetary policy remains watchful and actively disinflationary: RBI Guv – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/monetary-policy-remains-watchful-and-actively-disinflationary-rbi-guv/article67516399.ece Clipped from: https://www.thehindubusinessline.com/economy/monetary-policy-remains-watchful-and-actively-disinflationary-rbi-guv/article67516399.ece His observation comes against the backdrop of headline inflation remaining vulnerable to recurring and overlapping food price shocks Monetary policy remains watchful and
Inflation respite
https://www.business-standard.com/opinion/editorial/inflation-respite-123111401015_1.html Clipped from: https://www.business-standard.com/opinion/editorial/inflation-respite-123111401015_1.html But food prices can pose policy challenges Representative Image Listen to This Article The members of the Reserve Bank of India’s (RBI’s)
Wholesale inflation remains in deflation zone for seventh successive month – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/wholesale-inflation-remains-in-deflation-zone-for-seventh-successive-month/article67531696.ece Clipped from: https://www.thehindubusinessline.com/economy/wholesale-inflation-remains-in-deflation-zone-for-seventh-successive-month/article67531696.ece The Ministry of Commerce and Industry released WPI data for October 2023 on Tuesday Producers’ inflation based on wholesale price index (WPI)
Editorial. Oct inflation print encouraging, but questions remain – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/editorial/oct-inflation-print-encouraging-but-questions-remain/article67532575.ece Clipped from: https://www.thehindubusinessline.com/opinion/editorial/oct-inflation-print-encouraging-but-questions-remain/article67532575.ece Pulses inflation is causing concern October’s inflation reading of 4.87 per cent comes as a relief, even if it is seen as
Vote of confidence
https://www.business-standard.com/opinion/editorial/vote-of-confidence-123110201358_1.html Clipped from: https://www.business-standard.com/opinion/editorial/vote-of-confidence-123110201358_1.html RBI has done well, but new external challenges can emerge The Reserve Bank of India (RBI) has managed volatility on the external
Open market operations can help resist pressure on the Indian rupee. Should it be resisted?
Clipped from: https://indianexpress.com/article/opinion/columns/food-inflation-basmati-rice-msp-rice-exportation-punjab-haryana-mandis-9004971/ For how long and to what extent can the pressure be resisted? Such a defence of the currency will also make it difficult
No policy for troubled times: Does inflation targeting really work?
https://www.business-standard.com/opinion/columns/no-policy-for-troubled-times-does-inflation-targeting-really-work-123102700810_1.html Clipped from: https://www.business-standard.com/opinion/columns/no-policy-for-troubled-times-does-inflation-targeting-really-work-123102700810_1.html On the evidence at hand, inflation targeting works only when the world economy is normal, and demand swings up and down in
Low savings, and borrowings for consumption are red signals – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/editorial/low-savings-and-borrowings-for-consumption-are-red-signals/article67462428.ece Clipped from: https://www.thehindubusinessline.com/opinion/editorial/low-savings-and-borrowings-for-consumption-are-red-signals/article67462428.ece Indians are either not spending enough or borrowing to spend. Neither bodes well for the economy The latest monthly economic report published
What’s the ideal repo rate for India? – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/whats-the-ideal-repo-rate-for-india/article67462780.ece Clipped from: https://www.thehindubusinessline.com/opinion/whats-the-ideal-repo-rate-for-india/article67462780.ece Rate card. A repo rate of 6% seems a reasonable anchor given that 5% inflation is likely to be the trend rate
Reserve Bank of India allows premature deposit withdrawal up to Rs 1 crore
https://www.business-standard.com/economy/news/reserve-bank-of-india-allows-pre-mature-deposit-withdrawal-up-to-rs-1-crore-123102601180_1.html Clipped from: https://www.business-standard.com/economy/news/reserve-bank-of-india-allows-pre-mature-deposit-withdrawal-up-to-rs-1-crore-123102601180_1.html Banks typically offer higher interest rates on non-callable deposits Listen to This Article The Reserve Bank of India (RBI) has increased the
***Even as outlook on inflation improves, RBI must continue to remain vigilant
Clipped from: https://indianexpress.com/article/opinion/editorials/surge-and-fall-8998017/ Express View: After the dry weather in August, the outlook on food prices has improved in recent weeks. The guiding objective of the
Fed Chair Powell says strong economy may still require rate increases
https://www.business-standard.com/world-news/fed-chair-powell-says-strong-economy-may-still-require-rate-increases-123101901315_1.html Clipped from: https://www.business-standard.com/world-news/fed-chair-powell-says-strong-economy-may-still-require-rate-increases-123101901315_1.html Fed chief says geopolitical tensions are ‘highly elevated’ US Federal Reserve Chair Jerome Powell (Photo: Bloomberg) The U.S. economy’s strength and continued
RBI Governor Shaktikanta Das cautions against large supply shocks
https://www.business-standard.com/economy/news/large-supply-shocks-risks-monetary-policy-credibility-rbi-shaktikanta-das-123102001121_1.html Clipped from: https://www.business-standard.com/economy/news/large-supply-shocks-risks-monetary-policy-credibility-rbi-shaktikanta-das-123102001121_1.html External member Goyal says increase risk weight, LTV rather interest rates to restrain over-enthusiasm Photo: Bloomberg Reserve Bank of India Governor Shaktikanta
Only time will tell how long interest rate will remain high: RBI Governor
https://www.business-standard.com/economy/news/only-time-will-tell-how-long-interest-rate-will-remain-high-rbi-governor-123102000474_1.html Clipped from: https://www.business-standard.com/economy/news/only-time-will-tell-how-long-interest-rate-will-remain-high-rbi-governor-123102000474_1.html On elevated crude oil prices in the international market, he said, “what matters is the pump prices in India” Das said the
The economic mosaic: Chugging along at the ‘new-old normal’ growth rate
https://www.business-standard.com/opinion/columns/the-economic-mosaic-chugging-along-at-the-new-old-normal-growth-rate-123101301146_1.html Clipped from: https://www.business-standard.com/opinion/columns/the-economic-mosaic-chugging-along-at-the-new-old-normal-growth-rate-123101301146_1.html A GDP growth rate of 6-plus per cent is great, given the global context, but there’s no near-term prospect of acceleration, notes
👍👍👍👍👍Why are markets panicking over surging US bond yields – The Hindu BusinessLine
https://www.thehindubusinessline.com/blexplainer/bl-explainer-why-are-markets-panicking-over-surging-us-bond-yields/article67394120.ece Clipped from: https://www.thehindubusinessline.com/blexplainer/bl-explainer-why-are-markets-panicking-over-surging-us-bond-yields/article67394120.ece How high have US treasury bond yields surged? When was the last time they were at these levels? When it rains it