Tag: Jayanth varma

Outgoing RBI policymaker contradicts central bank on food risks
Posted in Economy

Outgoing RBI policymaker contradicts central bank on food risks

An outgoing member of the Reserve Bank of India’s interest-rate panel said there’s no evidence higher food costs are pushing up prices more broadly in…

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Monetary Policy Committee: Rate-setting panel must act proactively to stimulate private investments: Jayanth Varma
Posted in Economy

Monetary Policy Committee: Rate-setting panel must act proactively to stimulate private investments: Jayanth Varma

India’s Monetary Policy Committee (MPC) must proactively act to stimulate private investment by lowering interest rates, Jayanth Varma, an external member of the rate-setting panel,…

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India to name new MPC members soon, dissenters from Shaktikanta Das' rate policy team to leave before crucial meet
Posted in Economy

India to name new MPC members soon, dissenters from Shaktikanta Das’ rate policy team to leave before crucial meet

India’s government will appoint new external members to the central bank’s monetary policy committee by October at the latest, people familiar with the matter said,…

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Two MPC members dissent for a second time in a row
Posted in Economy

Two MPC members dissent for a second time in a row

Two of the six monetary policy members, Ashima Goyal and Jayanth Varma, continued to vote for a reduction in the policy rate by 25 basis…

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MPC's policy stance more and more disconnected from reality: Jayanth Varma
Posted in Economy

MPC’s policy stance more and more disconnected from reality: Jayanth Varma

The Monetary Policy Committee‘s (MPC) stance is becoming more and more disconnected from reality, said Jayanth Varma, as per the RBI minutes published on Thursday….

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More interest rate hikes done than necessary: MPC's Jayanth Varma
Posted in Economy

More interest rate hikes done than necessary: MPC’s Jayanth Varma

The Monetary Policy Committee (MPC) may have carried out more rate increases than necessary, external member on the panel, Jayanth R Varma, tells Bhaskar Dutta….

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Shaktikanta Das: Cumulative impact of monetary policy actions still unfolding: RBI Guv Shaktikanta Das in MPC meeting
Posted in Economy

Shaktikanta Das: Cumulative impact of monetary policy actions still unfolding: RBI Guv Shaktikanta Das in MPC meeting

In the Monetary Policy Committee meeting earlier this month, RBI Governor Shaktikanta Das opined that the cumulative impact of the monetary policy actions over the…

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mpc: MPC Minutes: War against inflation not yet won, premature to declare end to tightening cycle, says Jayanth Varma
Posted in Economy

mpc: MPC Minutes: War against inflation not yet won, premature to declare end to tightening cycle, says Jayanth Varma

The war against inflation has not yet been won and it will be premature to declare an end to the tightening cycle, said the Reserve…

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jayanth varma: India's economic growth appears to be very fragile, says RBI monetary policy committee member Jayanth Varma
Posted in Economy

jayanth varma: India’s economic growth appears to be very fragile, says RBI monetary policy committee member Jayanth Varma

India‘s economic growth appears to be ‘very fragile’ and it may fall short of what the country needs to meet the aspirations of its growing…

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mpc: Monetary policy was complacent about inflation & we are paying the price: MPC's Jayanth Varma
Posted in Economy

mpc: Monetary policy was complacent about inflation & we are paying the price: MPC’s Jayanth Varma

Monetary policy was complacent about inflation in the second half of 2021-22 and India paid the price, the Reserve Bank of India’s rate-setting panel Monetary…

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