November 03, 2024 9:49 am
Inflation is not yet on the path toward the target rate of 4 per cent. Food and fuel prices complicate matters. Both do not respond to interest rate changes...The governor argued that there was justification for keeping the repo rate unchanged.
August 10, 2023 5:19 pm
The Reserve Bank of India raised its inflation projection for FY24 from 5.1 per cent to 5.4 per cent, while retaining its GDP projection at 6.5 per cent.
June 13, 2023 12:57 am
Within the household sector, individuals accounted for 52.8 per cent share in total deposits. More than a half of households’ deposits during 2022-23 came from five states, namely, Maharashtra, Uttar Pradesh, NCT of Delhi, Karnataka and West Bengal.
February 06, 2023 12:04 am
Analysts are also divided on the issue as inflation has remained below 6 percent at 5.72 per cent in December, making things easier for the central bank.
December 08, 2022 7:41 am
Even as concerns over inflation persist, future rate hikes will be moderate; the phase of 50 basis points increases is over
October 15, 2022 6:53 am
The rate-setting panel hiked the repo rate by 50 basis points (bps) to 5.90 per cent. This was the fourth hike since May this year by the RBI to tame inflation which has been above its upper threshold of 6 per cent for three quarters in a trot.
October 03, 2022 10:05 pm
Ashok Gulati writes: Checking rising food costs will require investing in sustainable agriculture. That, in turn, requires doing away with perverse subsidies
August 08, 2022 8:49 am
Saugata Bhattacharya writes: RBI, government must act in coordination during an economically challenging period
August 06, 2022 6:38 am
Das says domestic fundamentals strong, inflation will dip to fice per cent in Q1 FY’24
June 09, 2022 5:38 am
The central bank has now raised the Repo rate by 90 basis points to 4.90 per cent in a matter of five weeks, with the hikes set to raise the lending rates in the banking system and impact the demand in the economy.