Clipped from: https://indianexpress.com/article/explained/explained-what-does-rbi-move-to-keep-rates-steady-hike-inflation-target-mean-7441192/ The Reserve Bank of India’s Monetary Policy Committee raised the inflation target for fiscal 2001-22 but maintained the growth forecast at 9.5 per
Category: MPC
Beyond rates: Five things to watch out for in RBI’s monetary policy | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/beyond-rates-five-things-to-watch-out-for-in-rbi-s-monetary-policy-121080500120_1.html The monetary policy committee’s commentary on inflation, growth and bonds is of much interest to the market. RBI Governor Shaktikanta Das’s policy statement
RBI’s MPC begins deliberations; likely to maintain status quo on interest rate – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/rbis-mpc-begins-deliberations-likely-to-maintain-status-quo-on-interest-rate/articleshow/85037829.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Experts are of the view that the RBI may prefer to wait and watch for some more time before taking any major action
MPC meet: RBI unlikely to tinker with benchmark rates – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/mpc-meet-rbi-unlikely-to-tinker-with-benchmark-rates/articleshow/84962223.cmsSynopsis The central bank’s “accommodative” stance should see no change when the Monetary Policy Committee meets to discuss the policy on August 4-6, economists
Expect a no-action policy, focused on growth | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/expect-a-no-action-policy-focused-on-growth-121080100917_1.html If growth picks up in the second half of the year, February is the earliest we may see the RBI changing its stance
MPC chose loose policy to nurse growth, felt inflation wasn’t demand-driven | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/mpc-chose-loose-policy-to-nurse-growth-felt-inflation-wasn-t-demand-driven-121061801504_1.html Loss in momentum of activity could be temporary and restricted to the first quarter of FY22, RBI governor Shaktikanta Das is quoted to
Rising inflation risk | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/rising-inflation-risk-121061501553_1.html Ignoring it for long could increase longer-term costs The latest inflation data has put the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) in a spot.
RBI monetary policy: Pursuing growth in times of high inflation | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/rbi-monetary-policy-pursuing-growth-in-times-of-high-inflation-121060500031_1.html The RBI officials stated the MPC believes that inflation is ‘not persistent’ and that there is ‘no thinking’ about policy normalisation Unlike the
Do not politicise GST Council: Finance Minister Nirmala Sitharaman | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/do-not-politicise-gst-council-finance-minister-nirmala-sitharaman-121060500003_1.html The government is conscious of the intensity of the second wave of Covid-19 and is assessing its full impact before coming out with
A monetary policy of continuity with change | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/a-monetary-policy-of-continuity-with-change-121060401404_1.html This time, RBI’s rate-setting body is not only talking about sustaining growth but also reviving it The no-action, status-quo monetary policy of the Reserve Bank of
MPC cuts real GDP projection by 100 basis points to 9.5% for FY22 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/mpc-cuts-real-gdp-projection-by-100-basis-points-to-95-for-fy22/article34723638.ece?homepage=true High international commodity prices, logistics costs prompts RBI to up its projection for CPI inflation The Monetary Policy Committee (MPC) has cut its
Central bank’s helping hand with liquidity – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/central-banks-helping-hand-with-liquidity/article34730010.ece?homepage=true Opening up the restructuring window to exposures up to ₹50 crore will help a number of self-employed businesses The Monetary Policy Committee (MPC)
Difficult balance – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/difficult-balance/article34729915.ece?homepage=true An accommodative policy is inevitable, but the RBI has to be wary of the inflation monster The Monetary Policy Committee’s decision to maintain
‘RBI may keep repo rate unchanged’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-may-keep-repo-rate-unchanged/article34683797.ece?homepage=true The MPC has held repo rate rock-steady at 4% since May 2020 The rate-setting monetary policy committee (MPC) is likely to stand pat
Trade bodies disappointed with RBI measures to fight Covid-19 impact–business today
Clipped from: https://www.businesstoday.in/current/economy-politics/trade-bodies-disappointed-with-rbi-measures-to-fight-covid-19-impact/story/438327.html The Consortium of Indian Associations (CIA), a group of over 30 trade bodies and regional small and medium scale industry associations expressed disappointment
Covid-19 second wave single biggest challenge to recovery: RBI Governor Das | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/coronavirus-second-wave-cast-a-long-shadow-on-india-s-growth-mpc-members-121042201123_1.html MPC minutes show one member saw little merit in continuing with central bank’s forward guidance Most members were not very sure how the
MPC: Covid surge biggest challenge to ongoing economic recovery, says Das | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/mpc-covid-surge-biggest-challenge-to-ongoing-economic-recovery-says-das-121042200890_1.html The RBI governor also said that global financial markets have turned volatile over inflation fears in advanced economies and rising commodity prices, posing
RBI’s prescription needs a relook – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/rbis-prescription-needs-a-relook/2236347/ Low bond yields alone will not ensure economic growth Studies in developed economies indicate lower bond yields precede economic growth as lower bond
Costlier crude, low base: WPI inflation shoots up to 8-year high of 7.39% – The Financial Express
Clipped from: https://www.financialexpress.com/economy/costlier-crude-low-base-wpi-inflation-shoots-up-to-8-year-high-of-7-39/2233907/ Rise in prices of some manufactured goods and food items like pulses and fruits also pushed the index. Retail (CPI) inflation scaled a
G-SAP 1.0: Has RBI embarked on the path of quantitative easing? – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/data-stories/data-focus/g-sap-10-has-rbi-embarked-on-the-path-of-quantitative-easing/article34311345.ece?homepage=true While it is similar to QE of advanced economies, the central bank’s programme is short-term in nature, restricted to G-secs and is not