Tag Archives: mpc

MPC to revise stance only after it sees a durable recovery

The members of RBI‘s monetary policy committee -MPC- in the minutes published on Friday have acknowledged an uneven recovery in the economy , expressing their concerns on growth outlook which is uncertain largely due to many global factors with inflation … Continue reading

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RBI sees need for continued policy support: Minutes

India’s monetary policy committee sees the need for continued policy accommodation as the economic recovery remains fragile, with the rise of inflation less steep than expected, minutes of the October meeting showed. The Reserve Bank of India’s MPC left key … Continue reading

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Surge in Covid cases biggest recovery hurdle, says RBI governor

(This story originally appeared in on Apr 23, 2021) Rapid rise in Covid cases is the single biggest challenge to the ongoing recovery in the Indian economy, RBI governor Shaktikanta Das has said, asserting that previous year’s learnings should, however, … Continue reading

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India’s economy will do well once vaccination reaches critical mass, says Ashima Goyal

India’s economy will do well once vaccination reaches a critical mass as pent up demand, global recovery and easy financial conditions will boost activities, RBI’s Monetary Policy Committee (MPC) member Ashima Goyal said on Tuesday. As India battles a “fearsome” … Continue reading

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Rate standstill fails to hide emerging taper debate on Mint Road

India’s central bank Friday decided to leave rates unaltered despite potential inflationary pressures, arguing in favour of persisting with accommodation to underpin a fledgling recovery. Still, signs of a debate on monetary tapering emerged in the lone dissenting voice that … Continue reading

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Higher inflation a transitory hump, to help RBI remain dovish in August review: Report

Describing the recent two consecutive spikes in retail inflation beyond the 6 per cent as a ‘transitory hump’, a Wall Street brokerage on Monday said it expects the RBI to overlook it and unanimously stick to the dovish stance at … Continue reading

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RBI’s policy rates anchored at lows despite inflation: Decision-day Guide

By Anirban NagIndia’s monetary policy makers are likely to leave interest rates untouched for a seventh straight meeting, as their focus remains more on fixing a fickle economy than on controlling stubborn price pressures. The Reserve Bank of India’s six-member … Continue reading

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Inflation | Retail inflation expected to stay close to targeted level by last quarter of FY21: RBI Governor Shaktikant

Mumbai: RBI Governor Shaktikanta Das on Friday said retail inflation is expected to remain close to the targeted level by the last quarter of the current fiscal year, however, it is likely to stay above the tolerance level at 6.8 … Continue reading

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Inflation | Retail inflation will come down to below 4% only after December: SBI report

New Delhi: Attributing the recent surge in retail inflation to huge government procurement and supply disruptions on account of the COVID-19 pandemic, an SBI report said that the price rise was likely to come down to below 4 per cent … Continue reading

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Inflation | Inflation target below 6% may cost growth: RBI study

Mumbai: India risks sacrificing economic growth and exposes itself to the need for constant policy interventions if it targets an inflation rate below 6% — the threshold inflation level, hints a study headed by a former member of the Reserve … Continue reading

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