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Monetary Policy Committee

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You dismissed the subject in just 10 words: Chidambaram cautions govt on inflation

Former finance minister P Chidambaram on Wednesday cautioned the government against taking inflation lightly, saying every family is hit hard by price rise and asked why the Reserve Bank of India......

How Modi Can Overcome Coalition Challenges

If the concerns over risking political capital are overcome, the long-term gains for the Indian economy will be immense, asserts A K Bhattacharya. IMAGE: Narendra D Modi during the National......

Saluting P V Narasimha Rao For 1991!

It is thanks to the policy of liberalisation conceived by Manmohan Singh and enforced by P V Narasimha Rao that the Indian economy has now become the world's 5th largest economy by nominal GDP,......

SC orders Centre, states to eradicate manual scavenging in phased manner

Observing that a large segment of India's population, involved in manual scavenging, has remained unheard and muted, in bondage and systematically trapped in inhumane conditions, the Supreme Court......

Govt wanted Rs 3 lakh cr from RBI ahead of 2019 polls: Ex-Deputy Guv

The Reserve Bank (RBI) resisted a 'raid' planned by some in the government to extract Rs 2-3 lakh crore from its balance sheet in 2018 to meet populist spending in run-up to general elections,......

Monetary Policy's Strong Message To NBFCs

The RBI is fully aware that the high-cost loans and high indebtedness of the borrowers could pose financial stability risks, if not addressed by these NBFCs. Governor Shaktikanta Das has issued a......

Sensex ends 168 points down on late selling in index majors

Benchmark equity indices Sensex and Nifty pared early gains to settle lower on Wednesday due to late selling in index major Reliance Industries, ITC and HDFC Bank even as the RBI took the first......

RBI changes policy stance to open window for a rate cut

The Reserve Bank of India (RBI) kept its key interest rate unchanged on Wednesday but took the first step towards a rate cut as it eased its relatively hawkish policy stance to 'neutral'.......

MPC's Repo Rate Decision Not Unanimous

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......

Need to keep 'inflation horse' under tight leash: RBI Guv

The Reserve Bank on Wednesday retained the retail inflation projection at 4.5 per cent for fiscal 2024-25, with Governor Shaktikanta Das stressing that the central bank will have to closely monitor......

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