'The real repo rate is very high in terms of core inflation.' IMAGE: A worker arranges cauliflowers at a vegetable market. Photograph: ANI Photo Ashima Goyal, emeritus professor, Indira Gandhi......
Dr Nagesh Kumar, one of the three new MPC members, wanted the MPC to reduce the repo rate by 25 basis points to 6.25%. IMAGE: Reserve Bank of India Governor Shaktikanta Das. Photograph: Francis......
. Photograph: Francis Mascarenhas/Reuters While top economists are of the view that the Reserve Bank of India's Monetary Policy Committee (MPC) may not cut the repo rates, they also said it would......
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......
Economists have asked Finance Minister Arun Jaitley to lower interest rate, rationalise subsidies, remove all cess and surcharge, do away with the retrospective tax amendments and scrap......