mpc

The Department of Technical Education, Andhra Pradesh, has announced the AP EAMCET 2024 counselling schedule for BE and BTech admissions. Registration for the mpc stream begins on July 1, with document verification and web options following in early July. The seat allotment results will be announced on July 16, and classes start on July 19. Candidates need to prepare specific documents for the counselling process and follow the guidelines on the official website for a smooth admission procedure.

Repo rate is the rate at which the RBI lends to banks. A cut in repo rate makes lending cheaper for banks, hence translating into reduced loan rates and hence lower EMIs.

RBI's mpc meeting in April 2024 likely to maintain repo rate at 6.5% due to inflation concerns. Analysts predict rate cut cycle in 2024-25's third quarter, aligning with RBI's inflation focus.

RBI announced mpc meetings schedule for FY25, starting April 1, 2024, with subsequent meetings in June, August, October, December 2024, and February 2025. Inflation concerns led to the maintenance of the 6.5% interest rate during the recent meeting.

Now you can deposit cash at Cash Deposit machines using your UPI! RBI governor Shaktikanta Das made this announcement as a part of the RBI Monetary Policy Committee (mpc)’s policy statement today.

RBI mpc Meeting: The Reserve Bank of India (RBI) kept the key policy rate - repo rate- unchanged at 6.5% after the Monetary Policy Committee (mpc) meeting. Monetary policy must continue to be actively disinflationary to ensure anchoring of inflation expectations and fuller transmission. The mpc will remain resolute in its commitment to aligning inflation to the target.

APSCHE has recently announced the AP EAMCET 2023 counselling dates for M.P.C stream. For B.Pharmacy/Pharm-D admissions, candidates can review the schedule at eapcet-sche.aptonline.in. Find out other counselling details here. Additionally, all candidates, from the first to the last rank, can pay the processing fee between October 31 and November 1, 2023.

The minutes of the RBI's monetary policy committee meeting reveal that members were apprehensive about food inflation. RBI governor Shaktikanta Das expressed concern about the uncertainty in food prices and its impact on overall inflation. Jayanth R Varma, the most dovish member, suggested calibrating the policy rate based on projected inflation. Deputy governor Michael Patra emphasized the vulnerability of inflation to food spikes and the need for pre-emptive action. Rajiv Ranjan highlighted concerns about elevated food inflation and its impact on the inflation outlook.

The National Medical Commission (NMC) has allowed Math, Physics, Chemistry (mpc) students to appear for NEET, but Telangana's intermediate students may not benefit due to a clause in the NEET guidelines. mpc students need to study biology as an additional subject to be eligible for NEET, but the Telangana State Board of Intermediate Education (TSBIE) does not offer biology as an additional subject for mpc students. The TSBIE has not implemented the New Education Policy (NEP) without orders from the state government.

The RBI is expected to announce a continuation of its pause on interest rates after the bi-monthly review meeting of the monetary policy committee (mpc) scheduled for December 8. Analysts predict a fifth consecutive pause by the mpc because of stronger-than-expected economic growth numbers. RBI will likely maintain a cautious stance, accompanied by hawkish rhetoric. RBI is also expected to announce development measures in its policy for promoting the use of central bank digital currency (CBDC).

RBI typically conducts six bi-monthly meetings in a financial year, where it deliberates interest rates, money supply, inflation outlook, and various macroeconomic indicators. According to SBI Research, the Indian central bank is expected to yet again pause the key repo rate this week. ​​RBI in its past three meetings - April, June, and August - held the repo rate unchanged at 6.5 per cent.

Congress general secretary Jairam Ramesh's attack on the government came after the Reserve Bank of India (RBI) on Friday decided to keep the policy rate unchanged for the fourth time in a row. In a post on X, Ramesh said, "The RBI has maintained the Repo Rate — the interest rate it charges for borrowings by commercial banks from it — at 6.5%. This simply means that concerns on inflation continue to be serious."

The Reserve Bank of India (RBI) has decided to keep the repo rate unchanged at 6.5% for the fourth consecutive time. The RBI governor, Shaktikanta Das, stated that India is poised to be the new growth engine of the world. The RBI has maintained the repo rate at 6.5% since May 2022 to control rising prices. However, retail inflation stood at 6.83% in August, surpassing the RBI's acceptable threshold.

India's central bank, the Reserve Bank of India (RBI), is expected to keep its key interest rate unchanged at 6.5% for the fourth consecutive time, according to a Bloomberg survey. Inflation remains above the RBI's target range of 4%, and the RBI is likely to maintain a hawkish policy stance.

The Reserve Bank of India's rate-setting committee is expected to maintain interest rates at their current level, despite inflation being above the target range, rising crude oil prices, and a weakening rupee. The committee has kept rates unchanged since February 2023. Economists predict that inflation will decrease in the coming months, but caution that the central bank should be watchful of rising oil prices and bond yields.

Experts predict that the Reserve Bank of India (RBI) will maintain the benchmark interest rate at 6.5% in its upcoming monetary policy review. Factors such as elevated inflation and global uncertainties are expected to influence the decision. The RBI has kept the rate unchanged in the past three reviews and is likely to continue with the existing rate structure.