Tag: Monetary Policy
RBI can’t ignore the costs of everyday items as PM Modi’s economic adviser suggested
A top Indian government adviser’s suggestion that policymakers cut out volatile food prices while targeting inflation met with skepticism from many economists, who say it’s…
Digitalisation helps improve monetary policy transmission: RBI
Transmission of policy rates could be more effective in a digitalised scenario as it could help in steeper reduction in inflation according to the Reserve…
Full text of RBI governor Shaktikanta Das’s speech at MPC presser
Reserve Bank of India governor Shaktikanta Das on Thursday announced the central bank’s monetary policy committee’s decision to keep the repo rate steady at 6.5…
shaktikanta das: More than two-thirds of Rs 2,000 notes returned within a month of withdrawal: Das
Reserve Bank Governor Shaktikanta Das has said that within a month of the recall order, more than two-thirds of the Rs 2,000 currency notes have…
‘Strong demand may stoke inflation if supply conditions not flexible’
Inflation expectations may have moderated, but firm demand in the economy could fuel cost and price increases unless supply conditions are flexible enough, Shashanka Bhide,…
ashima goyal: Higher inflation was tolerated to protect growth because of past shocks, says Ashima Goyal
The real repo rate, which is adjusted for inflation, should not exceed 1.5% in India, as an uncertain international environment and other risks pose hurdles…
Current level of real repo rate raises worries of damage to growth: Jayanth R Varma
Based on the projections of inflation three to four quarters ahead, the current level of the Reserve Bank of India‘s repo rate poses concerns over…
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….
US central bank keeps interest rate unchanged, projects two hikes by end of year
Federal Reserve officials paused on Wednesday following 15 months of interest-rate hikes but signaled they would likely resume tightening to cool inflation, projecting more increases…
RBI chief Shaktikanta Das conferred ‘Governor of the Year’ award in London
RBI Governor Shaktikanta Das, who was chosen for the prestigious Governor of the Year Award 2023 earlier this year, has said that central banks at…