Can the Reserve Bank of India rein in food inflation?

Can the Reserve Bank of India rein in food inflation?

On August 8, the Reserve Bank of India (RBI) announced that it had kept the benchmark interest rate unchanged at 6.5% after the end of its monetary policy meeting — it marked the ninth straight meeting of the central bank in which it held rates at the same level. According to governor Shaktikanta Das, the …

Read more

RBI Monetary Policy June 2024 Highlights: RBI holds repo rate at 6.50%; forecasts 7.2% GDP growth for FY25

RBI Monetary Policy June 2024 Highlights: RBI holds repo rate at 6.50%; forecasts 7.2% GDP growth for FY25

Aspirational Goals for RBI@100 in a Multi-Year Time Frame: 1. Monetary Policy and Liquidity Management  Positioning the Reserve Bank as Leader of the Global South  Review of Monetary Policy Framework to address:  Balancing price stability and economic growth from an Emerging Market Economy (EME) perspective;  Refinements in monetary policy communication; and …

Read more

RBI Monetary Policy 2024 Live: RBI holds repo rate at 6.50%; forecasts 7.2% GDP growth for FY25

RBI Monetary Policy June 2024 Highlights: RBI holds repo rate at 6.50%; forecasts 7.2% GDP growth for FY25

Aspirational Goals for RBI@100 in a Multi-Year Time Frame: 1. Monetary Policy and Liquidity Management  Positioning the Reserve Bank as Leader of the Global South  Review of Monetary Policy Framework to address:  Balancing price stability and economic growth from an Emerging Market Economy (EME) perspective;  Refinements in monetary policy communication; and …

Read more