Elephant of inflation returning to the forest: RBI governor
The strong growth momentum, together with our GDP projections for 2024-25, give us the policy space to unwaveringly focus on price stability, says Shaktikanta Das
The strong growth momentum, together with our GDP projections for 2024-25, give us the policy space to unwaveringly focus on price stability, says Shaktikanta Das
GDP growth for the current financial year 2024-25 is projected at 7%
RBI keeps the key policy rate unchanged at 6.5% for the sixth time in a row; to remain focussed on MPC ‘withdrawal of accommodation’
The wholesale inflation in food index increases to 4.69% in November 2023 from 1.07% in October 2023
The MPC decided by a majority of 5 out of 6 members to remain focused on the 'withdrawal of accommodation'.
A revival in earnings is expected in line with a pause on interest rate hike by the RBI, which is going to result in the improvement of interest to 4.5-5.0 times in Q3 FY24
The central bank announces key measures in the areas of regulation, payments systems, and consumer protection
Core inflation softened to 4.9% during July-August 2023.
MPC maintains "status quo" on key policy rate for fourth consecutive time, with 5 of 6 MPC members voting in favour
Indian oil majors, which turned profitable in the summer last year, are in a position to reduce domestic prices, says MPC member Ashima Goyal