Wednesday, November 30, 2022

MPC

Media persons from Nagaland, PCC (A) observe National Press Day

Media persons from Kohima Press Club (KPC), Dimapur Press Club (DPC) and Mokokchung Press Club (MPC) joined the rest of the country in observing National Press Day by organising programmes on November 16.The day was also observed by department...

RBI’s rate-setting panel meets to finalise inflation report for govt

The Reserve Bank’s rate setting panel on Thursday met to finalise a report for the government on why it failed to keep retail inflation below the target of 6 per cent for three consecutive quarters since January this year,...

RBI measures controlled inflation

Economists are of the view that the measures taken by the Reserve Bank of India (RBI) has controlled the inflation and add that the inflation will come down.A senior economist also said the headline inflation could be 7.5 per...

RBI rate hikes to contain price rise; inflation to fall

RBI Monetary Policy Committee (MPC) member Ashima Goyal on Wednesday said that the efforts of the Reserve Bank to contain price rise by repeatedly increasing interest rates will help in containing inflation, which is likely to fall below 6...

RBI set for 4th straight rate hike

The Reserve Bank of India (RBI) may take cues from its global counterparts, including the US Federal Reserve, to raise interest rate for the fourth time in a row on Friday to tame stubborn inflation.The RBI, which has since...

RBI may hike rates by 50 bps this month

The Reserve Bank of India may raise interest rates by another 50 basis points this month after data showed inflation rose further above the central bank’s tolerance limit in August, analysts said.India’s retail inflation rate rose to 7.0% in...

Inflation expected to drop below 6% by March

By the end of this fiscal, India’s headline retail inflation is predicted to decline below 6%, ending the current cycle of rate increases, analysts predicted.Analysts expect the RBI to increase repo rate by 50–60 basis points by December taking...

Retail Inflation ‘unacceptably and uncomfortably’ high: Das

With the price situation remaining at “unacceptably and uncomfortably” high level, members of the RBI’s Monetary Policy Committee underlined the need for preventing upward drift of inflation and bringing it down to the target band, as per minutes of...

RBI’s MPC may raise interest rate on Friday

The Reserve Bank of India’s rate-setting panel on Wednesday began its three-day deliberations on the next bi-monthly monetary policy amid expectations of at least a 35-basis-point hike in the interest rate to check high inflation. If raised, it will...

MDLSA holds ‘awareness talk’ with MPC

As part of the “Azadi Ka Amrit Mahotsav”, Mokokchung District Legal Services Authority (MDLSA) held an “awareness talk” on Lok Adalat and Nagaland Victim Compensation Scheme, 2012 with members of Mokokchung Press Club (MPC) on July 28 at MPC...