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Saturday, November 2, 2024
TopicMonetary policy

Topic: monetary policy

RBI turns cautious amid inflation, keeps interest rate unchanged at 4%

RBI expects headline inflation to remain elevated in the second quarter of 2020-21. It also sees real GDP shrinking in the first half as well as the full year.

Why RBI Governor Shaktikanta Das is not likely to risk another rate cut this week

CPI-based inflation has remained over 6% for last 2 quarters. With NPAs also expected to rise significantly, RBI could focus on financial stability this time.

RBI sticks to script, holds rates due to inflation and fiscal deficit

RBI projects growth for 2020-21 at 6%. Repo rate retained at 5.15% and reverse repo rate at 4.9%.

It’ll be a tight-rope walk, but here’s what Sitharaman can do to boost investor confidence

Finance Minister Nirmala Sitharaman faces difficult choice in Budget 2020 — to provide stable policy regime or make policy changes to arrest the slowdown.

RBI surprises with no rate cuts, slashes full-year growth projections to 5%

RBI's monetary policy committee retains repo rate at 5.15% & reverse repo at 4.9% in a unanimous decision, notes 'there is space for future action'.

RBI lowers key policy rate by 25 bps in fifth straight cut, repo rate 5.15% now

Acknowledging the persistent economic slowdown, RBI also lowers the growth forecast for 2019-20 to 6.1 per cent from 6.9 per cent.

Hair oil to bikes — Indians are cutting down on spending ⁠& that’s not the real problem

The drop in sales is indicative of the economic slowdown becoming more entrenched, and will add pressure on policymakers to ease fiscal & monetary policy.

Why central banks are increasingly coming under attack from politicians

Rise of elected populist leaders and flailing economies are pushing the political establishments to reduce the autonomy of the central banks.

What scrapping of NEFT, RTGS charges mean for digital transactions

RBI has decided to waive charges applicable for online money transfers through NEFT or RTGS. Banks have been told to pass on benefits to customers.

From 13,000-word monetary policy statements, RBI has become a lot clearer

Researchers found that with RBI statements becoming briefer and less complex, it's been easier for investors to understand it and react with lesser volatility.

On Camera

As a Hindu Canadian, I am deeply hurt by cancellation of Diwali. My community is now sidelined

Canada faces serious foreign interference issues, but these challenges must not be weaponized to unfairly target friendly and important allies like India.

Watch CutTheClutter: Flattening INR-USD rate, and debate on pros and cons of a ‘strong’ rupee

In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.

Indian firms sanctioned by US didn’t violate laws, says MEA. Hyderabad firm that supplied to Army on list

Among 19 Indian firms sanctioned by US Treasury Dept was Lokesh Machines Ltd accused of coordinating with 'Russian defence procurement agent to import Italy-origin CNC machines'.

Xi wanted to teach India about imbalance of power. We should take a budgetary lesson from it

While we talk much about our military, we don’t put our national wallet where our mouth is. Nobody is saying we should double our defence spending, but current declining trend must be reversed.