Mint Quick Edit | Inflation: In RBI’s control at last?
1 week, 6 days ago

Mint Quick Edit | Inflation: In RBI’s control at last?

Live Mint  

Retail inflation in February eased to under the Reserve Bank of India ’s 4% target for the first time in six months, government data released on Wednesday showed. Policymakers at RBI would be heaving a sigh of relief, as the drop seems to validate their decision to cut interest rates last month in anticipation of a price cool-off. With concerns of economic growth having mounted, RBI’s next decision due in April could confirm a pivot away from inflation control to a growth-supportive monetary policy. Meanwhile, the current fiscal year is likely to end with weaker output expansion than in the previous three years and it’s unclear if 2025-26 will mark a turnaround.

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RBI likely to maintain rate-cut cycle amid global growth challenges and inflation fall, finds HDFC MF report
15 hours, 31 minutes ago

RBI likely to maintain rate-cut cycle amid global growth challenges and inflation fall, finds HDFC MF report

Live Mint  

India's central bank is likely to continue its rate cut cycle amid global growth challenges and inflation reaching within target levels, according to an HDFC Mutual Fund report. The Reserve Bank of India's repo rate cuts are expected to continue as risk of headwinds in global growth looms large, especially due to the economic conditions in the United States, it …

Message to RBI in inflation numbers
1 week, 3 days ago

Message to RBI in inflation numbers

Hindustan Times  

February’s inflation number of 3.6% is better than what most analysts expected it to be. PREMIUM Barring any large supply-side shocks in the food economy, analysts believe inflation should be close to RBI’s target in the next fiscal year which will begin from April What is the larger message behind the inflation numbers? Barring any large supply-side shocks in the …

RBI to slash benchmark repo rates by 75 bps in 2025; 25 bps reduction each in April, June, October MPCs: SBI Report
1 week, 5 days ago

RBI to slash benchmark repo rates by 75 bps in 2025; 25 bps reduction each in April, June, October MPCs: SBI Report

Live Mint  

The Reserve Bank of India will likely slash the benchmark repo rate by a total of 75 basis points in 2025, with upcoming 25 bps reductions each in April, June, and October policy meetings. According to State Bank of India Research Ecowrap, experts believe India's consumer price index -based inflation will be 3.9 per cent in the fourth quarter of …

Declining Inflation Sets The Stage For Stronger GDP Growth; Here's How
1 week, 6 days ago

Declining Inflation Sets The Stage For Stronger GDP Growth; Here's How

ABP News  

The decline in retail inflation to a level that is below the RBI’s targeted level of 4 per cent is expected to pave the way for accelerating GDP growth ahead as it provides the central bank with more headroom to cut interest rates and expand liquidity to spur economic activity and create more jobs. Similarly, a Crisil report states that …

Mint Quick Edit | Inflation: In RBI’s control at last?
1 week, 6 days ago

Mint Quick Edit | Inflation: In RBI’s control at last?

Live Mint  

In January 2025, inflation was almost 4.3%. Policymakers at RBI would be heaving a sigh of relief, as the drop seems to validate their decision to cut interest rates last month in anticipation of a price cool-off. With concerns of economic growth having mounted, RBI’s next decision due in April could confirm a pivot away from inflation control to a …

Kaushik Das: Expect another RBI rate cut in support of economic growth
3 weeks, 3 days ago

Kaushik Das: Expect another RBI rate cut in support of economic growth

Live Mint  

In a widely anticipated move to balance the objectives of growth and inflation, the Reserve Bank of India reduced its repo rate by 25 basis points to 6.25% at the 7 February meeting of its Monetary Policy Committee, which voted unanimously for this cut. Looking ahead, RBI is expected to deliver another 25-bps rate cut in its April policy review, …

RBI MPC Minutes: Inflation moderate in near-term, global trade policies pose risk to growth outlook; 5 key highlights
1 month ago

RBI MPC Minutes: Inflation moderate in near-term, global trade policies pose risk to growth outlook; 5 key highlights

Live Mint  

The Reserve Bank of India released the minutes of the Monetary Policy Committee meeting on Friday, February 21, highlighting that India's repo rate reduction was an appropriate policy response, with retail inflation moving towards the central bank's four per cent target. In his maiden monetary policy review, RBI Governor Malhotra expressed an optimistic outlook for India’s economic growth, saying the …

Trade-related policies to stroke inflation, heighten market turbulence: RBI Bulletin
1 month, 1 week ago

Trade-related policies to stroke inflation, heighten market turbulence: RBI Bulletin

The Hindu  

The near-term outlook of the global economy is being shaped by trade-related policies of major economies amid slowing pace of disinflation and these policies could stoke inflation, engender tighter financial conditions, and heighten market turbulence, Reserve Bank of India officials said in the February edition of RBI Bulletin released on Wednesday. However in India, high frequency indicators point towards a …

Indian economy to pick momentum in H2FY25 amid tax relief, interest rate cuts: RBI Bulletin
1 month, 1 week ago

Indian economy to pick momentum in H2FY25 amid tax relief, interest rate cuts: RBI Bulletin

Live Mint  

The Indian economy will likely get a boost from the pick-up in rural demand and the income tax relief announced in the Union Budget 2025, which is expected to support urban consumption amid interest rate cuts. The Reserve Bank of India highlighted in its monthly economic bulletin on Wednesday, February 19, that India's urban consumption is “poised for a recovery.” …

High-frequency indicators show pick-up in economic momentum during H2-2024-25: RBI bulletin
1 month, 1 week ago

High-frequency indicators show pick-up in economic momentum during H2-2024-25: RBI bulletin

Live Mint  

New Delhi, February 19 : High-frequency indicators point towards a sequential pick-up in the momentum of economic activity during the second half of 2024-25, which is likely to sustain moving forward, RBI said on Wednesday in its monthly bulletin. The monthly bulletin noted that the Union Budget 2025-26 prudently balances fiscal consolidation and growth objectives by continued focus on capex …

Monetary policy: Surely, a rate cut could’ve waited for some clarity to emerge
1 month, 2 weeks ago

Monetary policy: Surely, a rate cut could’ve waited for some clarity to emerge

Live Mint  

Even in the otherwise arcane world of central banks, where rules have long displaced discretion and legislated mandates are the order of the day. How else can one explain the difference in policy outcomes at the February 2025 meeting of the Reserve Bank of India’s Monetary Policy Committee vis-à-vis its earlier meeting in December 2024? After the shift to ‘flexible …

‘Interest rate cut, tax stimulus to revive demand, investments’
1 month, 2 weeks ago

‘Interest rate cut, tax stimulus to revive demand, investments’

The Hindu  

India Inc. is gearing up a consumption recovery and reviewing existing capacities’ utilization rates, following the Budget’s push for consumption, combined with the interest rate cut initiated by the central bank on Friday, Finance Minister Nirmala Sitharaman indicated on Saturday, signaling this could be a precursor for a durable recovery in private investments in the coming year. Asserting that India’s …

Fiscal and monetary measures to boost consumption, private investment says FM
1 month, 2 weeks ago

Fiscal and monetary measures to boost consumption, private investment says FM

The Hindu  

Finance Minister Nirmala Sitharaman on Saturday said, “Fiscal and monetary measures announced recently will help boost consumption and promote private investment.” The Budget presented by the Finance Minister on February 1 proposed a slew of measures including significant income tax cuts for the middle class. On the monetary side, the Reserve Bank of India on Friday slashed the policy rate …

RBI projects FY26 inflation at 4.2%, down from 4.8% estimate in 2024-25
1 month, 2 weeks ago

RBI projects FY26 inflation at 4.2%, down from 4.8% estimate in 2024-25

The Hindu  

The Reserve Bank on Friday projected the retail inflation at 4.2% for next financial year beginning April while retaining the forecast for 2024-25 at 4.8%. Unveiling the last bi-monthly monetary policy of this fiscal year, RBI Governor Sanjay Malhotra said food inflation pressures, in absence of any supply side shock, should see a significant softening due to good kharif production, …

RBI monetary policy: Central bank projects inflation at 4.2% for FY26
1 month, 2 weeks ago

RBI monetary policy: Central bank projects inflation at 4.2% for FY26

Live Mint  

RBI Monetary Policy: The new Reserve Bank of India Governor Sanjay Malhotra delivered a 25 basis points rate cut on Friday, February 26, the first such move by the country's central bank in almost five years, in a bid to spur the slowing Indian economy. The MPC noted that though growth is expected to recover, it is much lower than …

RBI Monetary Policy: Governor Sanjay Malhotra delivers 25 bps rate cut for first time in 5 years; 5 key takeaways
1 month, 2 weeks ago

RBI Monetary Policy: Governor Sanjay Malhotra delivers 25 bps rate cut for first time in 5 years; 5 key takeaways

Live Mint  

RBI Monetary Policy: In line with market expectations, the Reserve Bank of India Monetary Policy Committee decided to cut the repo rate by 25 bps for the first time in nearly five years and keep the monetary stance "neutral." “The MPC decided unanimously to reduce the policy repo rate by 25 basis points from 6.50 per cent to 6.25 per …

RBI MPC meeting 2025 highlights: RBI MPC cuts repo rate by 25 bps to 6.25%
1 month, 2 weeks ago

RBI MPC meeting 2025 highlights: RBI MPC cuts repo rate by 25 bps to 6.25%

Hindustan Times  

Feb 7, 2025 11:30 AM IST RBI MPC meeting 2025 LIVE updates: Sujan Hajra, Chief Economist & Executive Director, Anand Rathi Group said the following: • "In line with our expectations, the RBI, in its first MPC meeting of 2025, started easing monetary policy as the MPC unanimously decided to reduce the policy rate by 25 bps from 6.5% to …

India’s CAD to widen to 1.3% of GDP in FY26 on export headwinds from Trump’s trade policies: Crisil
1 month, 3 weeks ago

India’s CAD to widen to 1.3% of GDP in FY26 on export headwinds from Trump’s trade policies: Crisil

Live Mint  

India's economy is expected to grow at 6.5 per cent in the next financial year 2025-26, slightly higher than the 6.4 per cent growth estimated for the ongoing fiscal year. “Lower inflation and the RBI's rate cuts are expected to lift growth next fiscal, assuming a normal monsoon and lower crude oil prices,” said Crisil. If India's inflation moves closer …

Economy facing major hurdle, growth expected to slow to 6.4% in 2025: Moody's
1 month, 3 weeks ago

Economy facing major hurdle, growth expected to slow to 6.4% in 2025: Moody's

New Indian Express  

Mumbai: The economic engine is headed for a downshift in 2025 amidst strong inflationary pressure, moderating domestic demand, a plummeting rupee that increases the debt servicing burden on corporates and government, and higher for longer interest rates. This will have the economy printing in a low 6.4% growth in calendar year 2025, stated global rating and analytics agency Moody's Analytics. …

India’s monetary policy panel should hold policy rates steady for the time being
2 months ago

India’s monetary policy panel should hold policy rates steady for the time being

Live Mint  

In its February meeting, the Monetary Policy Committee of the Reserve Bank of India will deliberate on whether the trajectory of policy rates has reached an inflexion point from where an easing cycle can begin. With a new RBI governor at the helm, the MPC will consider the latest information on consumer price index -based inflation and GDP growth available …

Mint Quick Edit | Inflation is down: Will interest rates follow?
2 months, 1 week ago

Mint Quick Edit | Inflation is down: Will interest rates follow?

Live Mint  

With inflation a bugbear for policymakers, it’ll be a relief that the year-end saw price pressures ease, even if only a bit. Government data released on Monday showed that India’s consumer price index rose 5.2% from a year earlier in December, slower than the 5.5% rise in November. Though it’s still above the 4% central target being pursued by the …

Retail inflation eases to four-month low of 5.22%
2 months, 1 week ago

Retail inflation eases to four-month low of 5.22%

Hindustan Times  

India’s retail inflation eased in December 2024 to a four-month low of 5.22% from a year ago, driven by cooling prices of perishable food commodities, brightening hopes of a rate cut by the central bank. Despite the slowing pace of growth in prices, the Consumer Price Index-based rate of retail inflation stayed above the Reserve Bank of India’s 4% tolerance …

India’s retail inflation drops to 4-month low at 5.22% for December: Govt data
Top News
2 months, 1 week ago

India’s retail inflation drops to 4-month low at 5.22% for December: Govt data

Firstpost  

After a reduction in food prices, retail inflation eased to a four-month low of 5.22% in December, compared to 5.48% in November. Retail inflation eased to a four-month low of 5.22 per cent in December, as compared to 5.48 per cent in November, according to government data released on Monday. As per the Consumer Price Index data released by the …

India’s inflation likely eased to 5.3% in December: Mint poll
2 months, 2 weeks ago

India’s inflation likely eased to 5.3% in December: Mint poll

Live Mint  

India’s retail inflation likely moderated to a four-month low of 5.3% in December, down from 5.5% in November, driven by the seasonal decline in food prices, according to the median estimate of 25 economists in a Mint poll. If the poll’s median estimate proves accurate, it would lead to an average of 5.7% in the October-December quarter, which will be …

Why inflation will matter more in 2025: Explained
2 months, 3 weeks ago

Why inflation will matter more in 2025: Explained

The Hindu  

The story so far: It has been what one may call, a bittersweet year for the economy, with a sweet first half, when growth surprised everyone, including the government. Top government functionaries have been making noises since late November about the need for RBI to cut rates, with some suggesting it should ignore volatile food prices and prioritise growth and …

RBI’s monetary policy may have slowed demand: Finance Ministry
3 months ago

RBI’s monetary policy may have slowed demand: Finance Ministry

The Hindu  

The Finance Ministry on Thursday said the “combination of monetary policy stance and macroprudential measures by the central bank may have contributed to the demand slowdown” in the economy — remarks that come two days after a Reserve Bank of India monthly bulletin article mooted urgent action to “excoriate inflation” so as to lend a stronger push for consumption and …

Economy rebounds in Q3 with boost from festivals and rural demand: RBI
3 months ago

Economy rebounds in Q3 with boost from festivals and rural demand: RBI

India Today  

The Indian economy is recovering from the slowdown in momentum witnessed in the September quarter, driven by strong festival activity and a sustained upswing in rural demand, according to a Reserve Bank of India bulletin released on Tuesday. "High frequency indicators for the third quarter of 2024-25 indicate that the Indian economy is recovering from the slowdown in momentum witnessed …

Price stability crucial for India’s economic growth, says RBI
3 months ago

Price stability crucial for India’s economic growth, says RBI

Live Mint  

The foundations for high growth in the Indian economy can be achieved through durable price stability, the monetary policy committee of the Reserve Bank of India said. "The MPC emphasises that strong foundations for high growth can be secured only with durable price stability," the minutes of the Monetary Policy Committee meeting held in December said. "The MPC also decided …

Mint Quick Edit | A penny for the Fed’s thoughts
3 months, 1 week ago

Mint Quick Edit | A penny for the Fed’s thoughts

Live Mint  

Even as hopes grow of the Federal Reserve cutting rates, the US central bank may have a happy problem. To be sure, a quarter-point cut may yet come through, as its policy rate is still seen to be above the neutral rate—one where the economy grows at its potential without stoking inflation. The Reserve Bank of India would be watching …

RBI May Begin Shallow Rate Cut Cycle From Feb Amid Global Turmoil
3 months, 1 week ago

RBI May Begin Shallow Rate Cut Cycle From Feb Amid Global Turmoil

Deccan Chronicle  

Mumbai: While calls for rate cuts are growing louder with inflation decelerating in November amid concerns over slowing economic growth, economists see a small window of conventional rate cuts next year as global dynamics turn more fluid. Most expect the central bank to begin a shallow rate-cut cycle in its February 2025 policy meeting with a 25 basis points rate …

Growth slowdown: Why lay a deeper economic malaise at RBI’s door?
3 months, 1 week ago

Growth slowdown: Why lay a deeper economic malaise at RBI’s door?

Live Mint  

Chapter 16 in the Book of Leviticus, Old Testament, enjoins Aaron to organize sacrifices and expiate the sins of all Israelites. Various ministers, government officials and sundry industry representatives have been hinting at RBI culpability in India’s economic slowdown and have called upon its monetary policy committee to cut rates in support of growth. The debate began with this year’s …

Why RBI is central to the country’s economy
3 months, 1 week ago

Why RBI is central to the country’s economy

New Indian Express  

The art of setting interest rates Maintaining macroeconomic stability and financial stability is the holy grail of any central bank. The pursuit of sustainable growth and low and stable inflation have been fundamental to central banking activities since the early 19th century, though financial stability got equal prominence, thanks to black swan events like the Great Depression of 1930s and …

RBI repo rate cut expectations build as CPI inflation moderates; Economists expect shallow rate-cut cycle from February
3 months, 1 week ago

RBI repo rate cut expectations build as CPI inflation moderates; Economists expect shallow rate-cut cycle from February

Live Mint  

India’s retail inflation in November aligned with market expectations and remained within the Reserve Bank of India’s tolerance band. Analysts anticipate that the RBI could initiate a shallow rate-cut cycle in its February 2025 policy meeting, provided inflation continues to decline. Hitesh Suvarna of JM Financial anticipates that the next step in RBI’s policy action will involve a rate cut, …

Mint Quick Edit: Lower inflation raises the likelihood of an RBI rate cut
Trending News
3 months, 1 week ago

Mint Quick Edit: Lower inflation raises the likelihood of an RBI rate cut

Live Mint  

As luck would have it, Sanjay Malhotra’s assuming charge of the Reserve Bank of India has been accompanied by a notable drop in inflation. Measured by the consumer price index, India’s inflation rate fell to 5.5% in November, compared with 6.2% in October, according to government data released on Thursday. October’s reading was the highest in 14 months, but November’s …

DC Edit | FM, new RBI chief signal cut
3 months, 2 weeks ago

DC Edit | FM, new RBI chief signal cut

Deccan Chronicle  

Finance minister Nirmala Sitharaman’s statement that inflation is a major challenge faced by countries around the world and that no country can solve it alone appears to have set an agenda for new RBI governor Sanjay Malhotra, who took charge a few hours before she made this statement. During the tenure of Shaktikanta Das, the RBI remained squarely focused on …

Retail inflation eases to 5.48% in November from above 6% in October
3 months, 2 weeks ago

Retail inflation eases to 5.48% in November from above 6% in October

India Today  

India's retail inflation cooled to 5.48% in November, slipping below the Reserve Bank of India’s upper tolerance band of 6% after breaching it in October. "High inflation reduces the disposable income in the hands of consumers," Das noted, adding that food inflation could stay elevated through the third quarter of FY25 before easing. Expected revisions could lower food’s weightage by …

Inflation likely eased to 5.5% in November: Mint poll
3 months, 2 weeks ago

Inflation likely eased to 5.5% in November: Mint poll

Live Mint  

India’s retail inflation is expected to have eased to 5.5% in November from 6.2% the previous month, driven by a seasonal decline in vegetable prices, according to a Mint poll of 16 economists. Even if inflation moderated in November, it would still have exceeded the Reserve Bank of India's medium-term target of 4% in all but two months since September …

DC Edit | Will RBI tweak inflation focus?
3 months, 2 weeks ago

DC Edit | Will RBI tweak inflation focus?

Deccan Chronicle  

The appointment of Sanjay Malhotra as the new RBI governor continues the long-standing tradition of IAS officers heading the Central bank, a quasi-autonomous body that decides the country’s monetary policy. Mr Malhotra took over the charge of RBI from Shaktikanta Das — the second longest serving governor after Sir Benegal Rama Rau’s stint of seven years and 197 days — …

​Staying the course: On the RBI and inflation
Trending News
3 months, 2 weeks ago

​Staying the course: On the RBI and inflation

The Hindu  

The Reserve Bank of India’s Monetary Policy Committee, in its latest bi-monthly review, has decided to maintain status quo on the benchmark interest rate of 6.50% for the eleventh consecutive time. India’s retail inflation, after trending below the median 4% target, for the first time in five years, for two months, spiked over September and October, with food prices leading …

RBI signals cautious optimism on growth-inflation balance
3 months, 2 weeks ago

RBI signals cautious optimism on growth-inflation balance

Live Mint  

The Reserve Bank of India’s monetary policy on 6 December voted 4:2 to keep the policy repo rate unchanged at 6.50%. After the October ’24 inflation data came in at over 6%, the RBI revised the FY25 inflation forecast to 4.8% from 4.5% in its Oct ’24 policy. Liquidity infusion and rate cut prospects Persistent FPI outflows and RBI intervention …

RBI monetary policy decision: Is an RBI rate cut coming after Union Budget 2025? What experts suggest
Trending News
3 months, 2 weeks ago

RBI monetary policy decision: Is an RBI rate cut coming after Union Budget 2025? What experts suggest

Live Mint  

RBI Monetary Policy: The Reserve Bank of India's Monetary Policy Committee on December 6 announced that it would maintain the repo rate at 6.5 per cent for the eleventh consecutive time, in line with market expectations. RBI cut its GDP growth forecast for FY25 to 6.6 per cent and raised its inflation projection for FY25 to 4.8 per cent. Sujan …

RBI MPC Dec 2024: Retail Inflation Estimate For FY25 Raised To 4.8 Per Cent, Food Prices To Remain Higher
3 months, 2 weeks ago

RBI MPC Dec 2024: Retail Inflation Estimate For FY25 Raised To 4.8 Per Cent, Food Prices To Remain Higher

ABP News  

The Reserve Bank of India ’s Monetary Policy Committee decided to maintain the status quo on key rates and keep the repo rates unchanged at 6.5 per cent. Sharing the projections about inflation levels in the economy, Governor Shaktikanta Das said that the retail inflation rate for the 2024-25 fiscal year is now estimated to be at 4.8 per cent. …

RBI cuts GDP growth projection to 6.6%, repo rate unchanged at 6.5%
3 months, 2 weeks ago

RBI cuts GDP growth projection to 6.6%, repo rate unchanged at 6.5%

Deccan Chronicle  

The Reserve Bank of India on Friday decided to keep the policy rate unchanged for the 11th time in a row but sharply lowered the GDP growth forecast to 6.6 per cent for the current fiscal, as against earlier projection of 7.2 per cent.The Reserve Bank of India maintained the status quo on interest rate despite July-September quarter GDP growth …

RBI Monetary Policy: Inflation remains a concern; FY25 growth estimates trimmed-5 key highlights from RBI MPC outcome
3 months, 2 weeks ago

RBI Monetary Policy: Inflation remains a concern; FY25 growth estimates trimmed-5 key highlights from RBI MPC outcome

Live Mint  

RBI Monetary Policy: Highlighting sticky inflation and its impact on economic growth and consumers, Reserve Bank of India Governor Shaktikanta Das announced a status quo on the repo rate and policy stance on Friday, December 6. The Monetary Policy Committee of the central bank, by a majority of 4:2, decided to keep the repo rate at 6.50 per cent for …

RBI to Announce Interest Rate Decision Amid High Inflation
3 months, 2 weeks ago

RBI to Announce Interest Rate Decision Amid High Inflation

Deccan Chronicle  

The Reserve Bank on Friday morning will announce the decision on interest rate after the conclusion of the three-day monetary policy panel meeting, amid high inflation and weak GDP growth numbers.Experts are of the view that the central bank is likely to opt for status quo on the short-term lending rate, and will possibly tinker with cash reserve ratio keeping …

RBI governor refuses to pay heed to Finance Minister, says GDP shocker is behind us
Trending News
3 months, 3 weeks ago

RBI governor refuses to pay heed to Finance Minister, says GDP shocker is behind us

New Indian Express  

The RBI on Friday refused to change its mind about interest rates despite economic growth hard landing in Q2, FY25. In fact, in his very opening remarks, Governor Shaktikanta Das sort of vowed to protect peace with blood reminding about the central bank's price stability mandate and its commitment to the flexible inflation target comes before everything else. The six-member …

RBI keeps key lending rate unchanged at 6.5%, focus remains on tackling inflation
3 months, 3 weeks ago

RBI keeps key lending rate unchanged at 6.5%, focus remains on tackling inflation

India Today  

The Reserve Bank of India's Monetary Policy Committee has decided to maintain the status quo on key interest rates for the 11th consecutive time. Consequently, the standing deposit facility stands at 6.25%, and the marginal standing facility and the bank rate at 6.75%," announced RBI Governor Shaktikanta Das during the policy statement. "Tackling inflation is critical because high inflation reduces …

RBI cuts growth forecast to 6.6 per cent, revises inflation estimate to 4.8 per cent for FY25
3 months, 3 weeks ago

RBI cuts growth forecast to 6.6 per cent, revises inflation estimate to 4.8 per cent for FY25

India TV News  

The Reserve Bank of India on Friday slashed its growth projection for the current fiscal year 2024-25 to 6.6 per cent from its earlier estimate of 7.2 per cent, citing a slowdown in economic activity and persistent high food prices. RBI cuts CRR to 4 per cent Meanwhile, to ease the potential liquidity stress, the Reserve Bank also slashed the …

RBI must restore balance between inflation, growth
3 months, 3 weeks ago

RBI must restore balance between inflation, growth

New Indian Express  

Despite the disappointing slump in economic growth, the RBI on Friday left the benchmark policy repo rate unchanged at 6.5 percent amid inflationary pressures. Maintaining a firm stance on inflation control, Governor Shaktikanta Das stressed that the central bank needed “more credible evidence” on the disinflationary process, which he said was getting prolonged and arduous. As Das rightly noted, there …

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