Monetary Policy | The Asian Age

Wednesday, Apr 24, 2024 | Last Update : 01:30 AM IST

monetary policy Page-2

The Reserve Bank on Wednesday retained growth projections for the current fiscal at 7.4 per cent on hopes of further boost to investments and higher consumption. (Photo: PTI)

RBI retains 7.4 per cent GDP growth forecast for FY 2018-19

The Indian economy had grown at 6.7 per cent last fiscal.

06 Jun 2018 3:53 PM

Reserve Bank of India hikes repo rate by 25 basis points to 6.25 per cent, reverse repo rate at 6.50 per cent. (Photo: File)

RBI increases repo rate by 25 basis points to 6.25 per cent

RBI has increased the reverse repo rate -- the rate at which RBI borrows from commercial banks -- to 6 per cent.

06 Jun 2018 2:45 PM

Industry seeks cut in fuel excise duty as oil prices zoom

India Inc on Monday urged the government to cut excise duty on petrol and diesel immediately.

21 May 2018 2:24 PM

The decision was made by a 8-1 vote with board member Goushi Kataoka dissenting.

BOJ removes timeframe for price goal, keeps policy steady

BOJ left its inflation forecast for next fiscal year unchanged from three months ago, at 1.8 per cent.

27 Apr 2018 10:19 AM

India's average GDP growth to rise to 7.8 per cent: report

Indian economy is expected to witness a cyclical recovery driven by investments as well as consumption.

25 Apr 2018 12:59 PM

Inflation concerns growing: RBI

During the previous MPC meeting, only one member was in favour of a rate hike while others favoured a neutral stance.

20 Apr 2018 1:26 AM

Overall improvement in the outlook for EAP was underpinned by prospects for a continued broad-based global recovery and robust domestic demand.

World Bank raises 2018 East Asia growth forecast

World Bank raised its growth outlook for China this year to 6.5 per cent from its Oct forecast of 6.4 per cent.

12 Apr 2018 10:57 AM

The Reserve Bank is expected to go for a hike in key policy rates by the fourth quarter of this year.

RBI may start off rate hike cycle by Q4 2018: report

The global financial services major, expects the start of a shallow rate hike cycle by the fourth quarter of 2018.

08 Apr 2018 1:30 PM

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.

RBI directs payment operators to keep data within India

RBI said, will be given six months to make the necessary transition.

06 Apr 2018 11:53 AM

India’s widening current account deficit coupled with normalisation of loose policy in developed nations and soaring crude oil prices may weaken rupee towards Rs 67/$1 in the fiscal years that begun from April 1.

Rupee may hit 67 against dollar in FY2019

Investor sentiment will be cautious, weighing on the local currency, as three major states are going to polls this year.

02 Apr 2018 12:30 PM

The stock markets will be steered by RBI policy, macroeconomic data points and global trends this week, say experts.

RBI policy, macro data to steer markets this week

The market is slowly expected to gain momentum in the month of April.

01 Apr 2018 10:59 AM

The central bank's next monetary policy review is scheduled for April 5. (Photo: PTI)

RBI may cut key policy rates by 25 bps in August: report

RBI MPC to look through jump in inflation to 5.8 per cent in June, as it is driven by base effects of last year's 1.5 per cent.

14 Mar 2018 2:11 PM

RBI keeps its rates intact, says inflation likely to rise

The RBI upped its inflation forecast to 5.1 per cent for the current fourth quarter of 2017-18, ending March 31.

08 Feb 2018 2:51 AM

The nine-member board also kept its price forecasts that project inflation to hit 2 per cent around the fiscal year ending in March 2020.

BOJ keeps policy unchanged, slightly more upbeat on inflation outlook

BOJ maintained a pledge to guide short-term interest rates at minus 0.1 per cent.

23 Jan 2018 2:43 PM

Citing medium term risks to inflation and uncertainties on external and fiscal fronts, RBI Governor Urjit Patel had pleaded for keeping interest rate unchanged. (File Photo)

Inflation, fiscal uncertainty led to rate status quo: RBI Governor

RBI Governor Urijt Patel emphasised the need for keeping headline inflation close to 4 per cent on a durable basis.

18 Oct 2017 8:45 PM

RBI panel pushes new rules so lenders pass on rate cuts more quickly

The RBI has cut its policy rate by a total of 200 basis points from January 2015 to August 2017.

05 Oct 2017 5:44 PM

India's GDP slowed down to 5.7 per cent on the back of demonetisation and GST. (Photo: AP)

RBI should have cut interest rate to boost growth: India Inc

Industry argues rate cut would have propelled demand as interest rates remain unduly high.

04 Oct 2017 6:14 PM

Traders at BSE said RBI's decision to keep key interest rate unchanged was largely in line with investor expectations.

Sensex up 174 points at 31,671.71 on RBI's policy decision

A strengthening rupee, which hit 65.03 against the dollar during the day, pepped up mood.

04 Oct 2017 5:53 PM

Reserve Bank Governor Urjit Patel. (Photo: PTI)

Stimulus, farm loan waiver to push up fiscal deficit by 1 per cent: RBI

Central bank in its October policy statement says inflation will go up by 0.50 per cent on such measures.

04 Oct 2017 5:27 PM

On benchmark Sensex at BSE rate sensitive auto stocks stole the show.

Sensex trades high by 259 points, RBI meet takes spotlight

Broader Nifty was above key 9,850 level at 9,869.75, higher by 81.15 points.

03 Oct 2017 1:03 PM

2 of 4

Columns

Sanjeev Ahluwalia