CEA Arvind Subramanain blamed the RBI’s inflation forecasting methodology and said the errors have been large and systematically one-sided in overstating inflation
The Monetary Policy Committee, headed by RBI Governor Urjit Patel, today decided to keep the key policy rates unchanged, while marginally slashing its growth projection for the current fiscal
The RBI is likely to maintain status quo at its monetary policy review on Wednesday as it would like to gauge the impact of GST rollout on inflation, experts say.
The Monetary Policy Committee (MPC), headed by RBI Governor Urjit Patel, began its two-day meeting yesterday here, with experts saying that the central bank is likely to hold the rates in view of hardening inflation.
The Reserve Bank of India (RBI) is unlikely to lower benchmark interest rate at its policy review meet this week.
The Reserve Bank of India (RBI) today kept the key lending rates at 6.25 per cent during the last monetary policy review of the calendar year 2016. The reverse repurchase rate now also automatically stands lowered to 5.75 per cent.
The Reserve Bank of India on Tuesday cut repo rate by 25 basis points to 6.25 per cent from 6.50 per cent in its fourth bi-monthly policy statement for the year 2016-17. All six member
The government has appointed three academics - Chetan Ghate, Pami Dua and Ravindra H Dholakia- as members on interest-rate setting Monetary Policy Committee.
The coming week will mark the last independent monetary policy update by a RBI governor as the outgoing chief of the central bank will make his last call on the policy on Tuesday. The Reserve
Moving towards a new regime, the central government today notified 4 per cent inflation target for the next five years, based on which the new interest rate setting panel would take its monetary policy decisions
Reserve Bank f India’s rate cut of 25 basis points has failed to enthuse equity markets, with the BSE Sensex plunging 516 points to end at 24,833.16 points. Nifty too cracked 155.60 points to and closed at 7,603 points.
At the new fiscal's first bi-monthly monetary policy review today, Reserve Bank of India (RBI) Governor Raghuram Rajan is widely expected to cut interest rates by at least a quarter of a percentage point on the back of the Union Budget's fiscal prude
Raghuram Rajan for new global pact to deal with monetary policy issues
New Delhi: The government on Monday proposed to amend the RBI Act for setting up the Monetary Policy Committee consisting of six members and headed by RBI Governor to fix the benchmark interest rates and inflation
New Delhi: The Narendra Modi government has prepared a draft bill proposing to curtail exclusive powers of RBI Governor in setting monetary policy.According to a NDTV report, the bill proposes a seven-member committee including four
New Delhi: Finance Minister Arun Jaitley on Monday said the government will -- after receiving comments from stakeholders -- decide on the draft Indian Financial Code, which proposes to remove the RBI governor's veto right
New Delhi: Reserve Bank of India (RBI) on tuesday lowered its short-term lending rate by 25 basis points in a move that could potentially reduce the cost of borrowings on personal and corporate loans. In
New Delhi: The Reserve Bank of India today slashed its short-term lending rate by 25 basis points in its bi-monthly monetary policy review. After the cut, the repo rate will decline to 7.25 per cent
New Delhi: With inflation and fiscal deficit under control, bankers and industry leaders expect the Reserve Bank to lower its key policy rate today to support economic activity and boost investment.The wholesale price index based
New Delhi: RBI is expected to cut its policy rate on Tuesday to prop up economic activity and boost investment as inflation remains low and fiscal deficit has been contained.Deflationary pressure persisted for the sixth
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