Tag: Monetary Policy
GDP data: At the onset of GDP data, Equirus says India’s economic landscape remains promising
As the government prepares to release its GDP data for the first quarter (April-June) of FY 2024-25 on Friday, expectations are mixed amid various economic…
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…
MPC should pay more heed to core inflation, says outgoing member Ashima Goyal
The Monetary Policy Committee needs to give more importance to core inflation as this component of the consumer price gauge has the largest impact on…
SBI Research anticipates Q1 GDP growth at 7.1%, in line with RBI forecast
The Indian economy is expected to grow at 7.0-7.1 per cent in the April-June period, the first quarter of 2024-25, according to a report by…
MPC should pay more heed to core inflation, says Ashima Goyal
The Monetary Policy Committee needs to give more importance to core inflation as this component of the consumer price gauge has the largest impact on…
economic forecast: Goldman Sachs cuts India’s 2024 and 2025 GDP growth forecasts
Goldman Sachs Group Inc. has lowered India’s growth forecast by 20 basis points each for this year and the next, citing a contraction in central…
Dissenting outgoing MPC members say a restrictive monetary policy could cost growth
The common argument of the two dissenters in the monetary policy committee, external members – Prof Ashima Goyal and Prof J R Varma is that…
RBI MPC Minutes: Food inflation pressures showing little signs of abatement, warns RBI
The Reserve Bank of India (RBI) released the minutes of the Monetary Policy Committee (MPC) meeting on Friday, highlighting that the headline inflation has seen…
RBI Governor Shaktikanta Das: Inflation must slow to 4% for rate cut: RBI Governor Shaktikanta Das
India’s inflation must show signs of settling around the central bank’s target of 4% on a sustainable basis before a rate cut can be considered,…
food inflation: Monetary policy must be disinflationary to quell food price pressures: RBI bulletin
The Reserve Bank of India (RBI) may need to continue with disinflationary monetary policy and it has to remain cautious as the pressure stemming from…