Saturday, 21 May, 2022
TopicRBI rate cut

Topic: RBI rate cut

High inflation doesn’t give RBI room for more interest rate cuts, MPC member indicates

Inflation is being driven by supply-side problems and is likely to stay elevated for a while, RBI's new MPC member Mridul Saggar says.

Fall in wholesale inflation gives room to RBI to further cut rates

WPI inflation data signals weak demand & allows RBI to further cut rates to support an economy headed for first annual contraction in more than four decades.

Why cutting interest rates now has become much more complicated for RBI

One reason for RBI’s reluctance may be worries that deeper rate cuts could worsen outflows and weaken the rupee, according to investors.

Latest inflation data opens room for RBI rate cuts

With inflation expected to decline in the coming months, it will allow the Reserve Bank of India to keep the door open for more policy easing to boost credit demand.

Hope time proves we were right to cut rates early on, says RBI governor Shaktikanta Das

The RBI implemented a series of five consecutive rate cuts starting February this year by a cumulative 1.35%, a move, governor Shaktikanta Das says, had surprised markets early in the year.

RBI set to cut rates 6th time this year but all eyes on its growth forecast

A majority of economists surveyed by Bloomberg News expect a quarter-point cut, with the rest expecting reductions of 15 to 50 basis points.

RBI has no option but to cut interest rates this week after Q2 growth slumped to 4.5%

RBI has already cut interest rates by 135 basis points in five moves this year & last week’s weak data gives it added reason to continue pushing for growth.

Why Indian economic tiger became puppy with tail between legs & what markets want Modi to do

The economic crisis can be fixed only with genuine, brave reform. If this Modi govt can’t do it, it will confirm fears that it has lost its mojo.

Stock market suffers worst this week after RBI announces repo rate cut by 25 bps

The S&P BSE Sensex fell 1.1% and NSE Nifty 50 Index was down by 1.2% which marks the worst performance since May.

RBI’s 5th repo rate cut this year decade’s lowest, making home and auto loans cheaper

The repo rate cut, the 5th in a year the economy has seen a slowdown, is aimed at pushing up consumption during festival season by lowering borrowing costs.

On Camera

YourTurn

Title scene of Taarak Mehta ka ooltah chashmah.

Dear Taarak Mehta, you were our peak comfort content for 14 years. Now it’s time to retire

Just like the Truman Show, all Taarak Mehta plots somehow feel the same for the past few years. It's fine to accept that ideas can go stale.
File photo of chief economic advisor V. Anantha Nageswaran | Photo: Twitter | @FinMinIndia

Stock market turmoil, crypto craze proof of human ‘fear, greed’ says chief economic advisor

Speaking at India Ideas Conclave, organised by think tank India Foundation in Bengaluru, V. Anantha Nageswaran, also said India was now in position to deliver domestically-driven growth'.

Defence

File photo of a defence personnel armed with a SiG 716 rifle near the Line of Control | Photo: Snehesh Alex Philip | ThePrint

India to ink ‘repeat order’ deal for 73,000 SiG 716 rifles from the US

In February 2019, 72,400 SiG 716 rifles of 7.62 x 51mm calibre were contracted from SIG Sauer Inc, USA, under government's 'Buy (Global) category', through fast track procedure.

Mandir or Masjid? New surveys not needed, just acceptance of truth & move towards reconciliation

That temples were destroyed and mosques built is undisputed history. The past can’t be changed, but we can’t deny the wrongs of the past either before we consider reconciliation.
×