Tuesday, 21 March, 2023
TopicMonetary Policy Committee

Topic: Monetary Policy Committee

RBI’s monetary policy committee to meet to discuss first-ever inflation target miss

The central bank aims to keep retail inflation within 2 percentage points on either side of its 4% target over the medium-term.

RBI raises repo rate by 50 basis points to 5.90%, warns of broadening price pressures

This is the fourth straight raise by the RBI, which has has now raised rates by a total 190 basis points since its first unscheduled mid-meeting hike in May.

Rate cut on housing loans, commercial real estate bodes well for economy, RBI Governor says

While announcing the third bi-monthly monetary policy review Friday, RBI Governor Shaktikanta Das said reduction on lending rate has reduced the burden on households.

Consumer confidence returning, RBI in ‘whatever it takes’ mode to ensure recovery, says Das

Inflationary pressures are 'transitory', preemptive measures to check inflation could kill India's nascent and hesitant economic recovery, says RBI Governor Shaktikanta Das.

Cut petrol, diesel taxes to ease inflation, RBI’s monetary policy panel tells Modi govt, states

RBI announces fresh lending support to aviation, tourism & other sectors as MPC keeps key policy rates unchanged. RBI Governor Das says Covid spread in rural India poses risk to growth.

Manage govt interest burden or prevent price rise? RBI faces tough balancing act

New G-SAP tool is RBI’s way of keeping govt’s interest burden low. But amid inflation concerns, it also has to raise interest rates to prevent price rise.

Why Modi govt has done well to maintain continuity in inflation targeting framework

Many experts argued against retaining 4% plus-minus 2% target, while some wanted to scrap the framework altogether. But it provides stability, can help growth.

‘Elevated inflation likely to stay’ — concern that dominated RBI’s latest monetary policy meet

Inflation has been consistently over 6% over the last few months on account of rising food prices and supply constraints. It touched a 77-month high of 7.6% in Oct.

RBI says GDP to contract by 7.5% in FY21, keeps repo rate unchanged at 4%

The stock markets reacted positively to the GDP growth revision with the BSE Sensex hitting 45,000 for the first time ever.

Future rate cuts depends on moderation in inflation, says RBI Governor Shaktikanta Das

The reconstituted Monetary Policy Committee, which met from 7 to 9 October, had decided to keep the benchmark lending rates unchanged in view of the hardening of retail inflation.

On Camera


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Air quality is better but not enough to banish air purifiers. Here are options for your room & car

What’s the solution for people who cannot leave Delhi? Air purifiers from Dyson's expensive range to Xiaomi's affordable ones can be of help.

NFRA to conduct audit quality inspections of five audit firms

New Delhi, Nov 16 (PTI) The National Financial Reporting Authority (NFRA) will carry out audit quality inspections of five audit firms, including the...


The Defence Services Staff College in Wellington | Image credit: dssc.gov.in

In a first, six women officers to enter prestigious Defence Services Staff College

As many as 15 women appeared for the examination, out of which six were selected, including one who has made it to the course along with her husband. 

Why military is more for asserting political will, not just about controlling territory

No matter what tactics, doctrine, or weapon system is used, the objective of any war is to control territory, argues Gen. MM Naravane (retd). But it's politics that matters most.