Wednesday, 28 September, 2022
TopicMonetary policy

Topic: monetary policy

What the RBI’s sharp interest rate hike portends for the Indian economy

RBI has noted that preserving price stability and anchoring inflationary expectations is the most optimal strategy to ensure durable growth.

Why RBI may intervene to curb rupee volatility but not prevent depreciation in the long run

The Russia-Ukraine crisis has led to a rush towards safe haven assets such as gold and the US dollar. Investors are selling riskier assets such as Indian equities.

RBI credibility at risk, says lone dissenter on monetary policy panel

New Delhi/Mumbai: The lone dissenter among India’s monetary policy setters sees the central bank’s inflation-targeting credibility at risk by keeping policy loose for too...

RBI’s double-edged decision — not hiking rates helps govt borrow, but runs inflationary risk

Lack of dedicated debt agency leads to conflict between managing govt debt and inflation. RBI chose former, but rate hike would have helped normalisation, attracted foreign funds.

Inflation has the monetary policy radicals crawling to the centre

Few were as bold in the first two years of pandemic as Indonesia, which used the central bank to directly finance an expansion in govt spending. But times have changed.

Another Covid wave will leave world govts ‘much less space to spend’, says IMF’s Gita Gopinath

In a conversation with Shekhar Gupta at 'Off The Cuff', Gita Gopinath says India must maintain its momentum on spending to provide support to the economy.

RBI leaves key policy rate unchanged, retains GDP projection at 9.5% for FY22

This is the ninth time in a row that the MPC has maintained the status quo. RBI had last revised its policy repo rate on 22 May 2020 in an off-policy cycle to perk up demand.

RBI keeps repo rate unchanged at 4% for 7th time in a row

RBI Governor Shaktikanta Das says Monetary Policy Committee unanimously decided to continue with accommodative stance to support growth, keep inflation within target.

June slowdown, slow recovery seen pushing RBI to hold interest rates next week

There was a contraction in both manufacturing and services sectors as curbs to control the virus spread hurt consumer demand and business activity.

RBI’s MPC is now decidedly more dovish, the consensus on ‘lower for longer’ rates is proof

Markets expects further interest rate cuts as the monetary policy committee of RBI sees inflationary pressure to ease.

On Camera

YourTurn

Congress leader Rahul Gandhi and Yogendra Yadav at the Bharat Jodo Yatra | YogendraYadav/Facebook

‘Congress must die’, I said in 2019. What I meant then, and what’s changed now

At this juncture in history, you don't hold on to grudges. Following Paul Samuelson, I ask everyone: 'When the situation changes, I change my assessment. What about you, sir?'
The logo of the Adani Group is seen on the facade of one of its buildings on the outskirts of Ahmedabad | Reuters file photo

From ports to energy transition — Adani Group to invest over $100 billion in next decade

Speaking at Forbes Global CEO Conference in Singapore, Adani said the group intends to do more as a solar player & has earmarked 70% of the investment for the energy transition space.

Defence

Parts of Iranian made 'suicide' drone Shahed-136 after being shot down by the Ukrainian military | Reuters

All about Shahed-136, Iran’s ‘kamikaze’ drone that Russia is using to strike Ukraine

Over the past few days, Russia has hit multiple targets using these Iranian-supplied drones—including civilian structures and amenities—leading to the death of several Ukrainians.
Illustration by Soham Sen | ThePrint

AAP’s filling a big vacuum in Indian politics. Question is how long it can sustain without ideology

If you find admiration for AAP qualified, if not muted among many of the Modi-BJP’s critics, it is because they question it for its lack of ideological clarity. Especially on secularism.
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