Wednesday, February 8, 2023

MPC

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...

RBI will ensure soft landing of economy: Das

Reserve Bank of India Governor Shaktikanta Das on Friday said the central bank will ensure that the economy has a soft landing wherein inflation is closer to 4 per cent, with minimal impact on growth.Das said retail inflation appears...

May go for rate hike in June: RBI Gov

RBI Governor Shaktikanta Das on Monday hinted at another interest rate hike in early June to bring down stubbornly high inflation rate which has remained above the tolerance level for the past four months.“Expectation of rate hike, it’s a...

RBI rate hike a surprise, says Nirmala Sitharaman

The Reserve Bank of India’s (RBI) move to raise the policy rate is part of a synchronised action by the central banks, Union Finance Minister Nirmala Sitharaman has said, adding that it came as a surprise only because it...

RBI hikes repo rate by 40 bps; CRR by 50 bps

Home, auto and other loan EMIs are likely to increase after the Reserve Bank of India (RBI) hiked its key interest rate by 40 bps in a surprise move on Wednesday in an effort to tame inflation that has...

RBI’s MPC expected to hold rates

The Reserve Bank of India’s monetary policy committee is expected to retain key lending rates during the upcoming monetary policy review even as inflationary pressures continue to build-up.The MPC will review the monetary policy in its meeting during April...

RBI likely to leave policy rates unchanged till April: Report

Striking a different note from its peers, US brokerage Bank of America Securities has maintained that the Reserve Bank will leave rates unchanged next week, recognising growth-focused and capex-driven fiscal expansion, which though poses huge price pressure and interest...