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Monetary Policy Framework Agreement

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Why India Will Like Shigeru Ishiba

Shigeru Ishiba is expected to prioritise strengthening Japan's military capabilities and fostering deeper international partnerships, particularly with India, with whom Japan shares significant......

Centuries-old evils will have to be tackled more sternly: PM

Attired in his trademark half sleeves kurta and sporting a Rajasthani turban, Prime Minister Narendra Modi devoted a bulk of his 90-minute address on the occasion of the 70th Independence Day to......

Full text: What Modi, Obama agreed on

This is the joint statement issued by the ministry of external affairs on the visit of US President Barack Obama to India. Prime Minister Narendra Modi and President Barack Obama assessed the......

Govt appoints three new external RBI MPC members

The government on Tuesday appointed three external members -- Ram Singh, Saugata Bhattacharya and Nagesh Kumar -- to the RBI's rate-setting Monetary Policy Committee for four years. Photograph:......

Easing inflation provides room for rate cut by RBI: Jaitley

Making a case for rate cut by RBI, Finance Minister Arun Jaitley on Saturday said that retail inflation is expected to remain close to 5 per cent which allows further easing of monetary policy. The......

MPC to decide on interest rates in Oct 4 policy: Rajan

With the setting of MPC, the interest rate setting powers would move from RBI Governor to the panel. RBI Governor Raghuram Rajan, who unveiled his last monetary policy before exiting next month, on......

Government pegs inflation target at 4% for 5 years

Government on Friday notified 4 per cent inflation target with a range of plus/minus 2 per cent for the next five years under the monetary policy framework agreement with the Reserve Bank. "In view......

Why inflation target parameters need to be reviewed

Fixing an inflation target for five years is risky The next bi-monthly monetary policy statement is scheduled to be released by the Reserve Bank of India on August 9. It is, however, not clear if......

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