MONETARY STANCE CHANGE

The two external members of the Reserve Bank of India (RBI) Monetary Policy Committee (MPC) who had pushed for a 25 basis point rate cut at the June 7 meeting, Ashima Goyal and JR Varma, said the real repo rate at 2% was too high and could hurt grow...

The Reserve Bank of India's (RBI) Monetary Policy Committee members raised concerns about inflation pressures due to "exceptionally" warm summers, impacting perishable goods and crop output, as per their latest meeting minutes. RBI Governor Shaktika...

The minutes of the meeting will be available on June 21. Varma and Goyal have argued that high interest rates might be hindering potential growth. They have previously debated that a high real interest rate—the difference between the actual interest...

In the normal course of events, the rising dissent in the MPC should have led to more joining the camp of rate cut seekers as data turns benign. Inflation may not have come back to the 4% target, but it's not threatening to soar. For the US, it is a...

The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) kept the repo rate steady at 6.50% for the eighth consecutive meeting. However, a new shift emerged with Ashima Goyal joining Jayanth Varma in voting for a rate cut. The committee con...

The Reserve Bank of India's Monetary Policy Committee (MPC) has decided to maintain the current interest rate at 6.5%, following a 4:2 majority decision. The panel projected real GDP growth for FY25 to be 7.2%, up from 7%. The MPC is also maintainin...

RBI Policy Meeting: The Reserve Bank of India (RBI) is expected to maintain the repo rate at 6.5% with a focus on withdrawing accommodation, marking the eighth consecutive time it remains unchanged. Economists predict the unchanged stance, citing pe...

Reserve Bank of India Monetary Policy: The RBI today left inflation estimate for fiscal 2025 unchanged at 4.5% amid rising concerns over soaring crude oil prices and supply chain disruptions due to the Red Sea crisis. Food inflation remains a concer...

The Reserve Bank of India is unlikely to cut the benchmark interest rate in its upcoming monetary policy review amid inflation challenges and improving economic growth. Scheduled for June 5-7, the Monetary Policy Committee (MPC) is expected to maint...

​ European stocks were subdued on Monday, with several major markets closed and investors taking a cautious stance ahead of key inflation data from the United States and Europe later this week.

Foreign Portfolio Investments (FPI) in India may see a cautious approach until the election results are clear. India's economic performance attracts FPI flows driven by factors like interest rates, inflation, and GDP growth, along with a stable poli...

The BOJ chief will be mindful of avoiding the episode of 2022, when his predecessor's dovish remarks triggered a yen plunge that forced Tokyo to intervene to prop up the currency.

Members of the Reserve Bank of India's Monetary Policy Committee expressed confidence in the current policy stance but remained cautious about factors like food inflation and external contingencies. They emphasized the need to maintain downward pres...

The Reserve Bank of India's liquidity stance is not convincing experts. It follows a corridor liquidity management system with repo rate as the ceiling and reverse repo rate as the floor. Factors causing tight liquidity include withdrawal of accommo...

The Reserve Bank of India (RBI) has maintained interest rates and monetary stance steady for the sixth consecutive monetary review meeting, amid geopolitical tensions and uncertain food prices. The central bank forecasts the economy will repeat its ...

The Reserve Bank of India's Governor-led Monetary Policy Committee (MPC) concluded its recent meeting, maintaining the repo rate at 6.5%. This decision comes amidst concerns over inflation, with retail inflation remaining near the upper end of the c...

RBI MPC Meet: The 12 respondents unanimously predicted that the Monetary Policy Committee (MPC) would keep the repo rate unchanged at 6.50% at the end of its February 8 meeting. They said the panel will maintain the status quo on rates for the sixth...

The core inflation for December came at 3.8 per cent, the note said, adding that the annualized growth of super-core inflation has dipped below 3 per cent by its estimates which is a "positive surprise". For January, the headline inflation is likely...

India's sustained fall in core retail inflation and subdued inflationary pressures could prompt the Reserve Bank of India (RBI) to ease its policy stance to 'neutral' next month. Economists believe a shift in stance is likely based on the inflation ...