rbi mpc

MUMBAI: Food price spikes in India, typical at the onset of the monsoon, drove up headline inflation in June, corroborating the monetary policy committee's (MPC) view that the fight against inflation is far from over, the Reserve Bank of…

The decision of the 3-day meeting of the MPC would be announced on Thursday, June 8.The consumer price-based (CPI) inflation declined to an 18-month low of 4.7 per cent in AprilThe RBI MPC, which is starting its 3-day meeting on Tuesday to…

Read more while supporting growth, Das said. In the previous monetary policy review in April 2023, the RBI MPC had surprisingly halted the rate hike cycle and kept the key repo unchanged at 6.50 per cent. The decision of the status quo came…

In April 2023 MPC decision, RBI Governor Shaktikanta Das had said the MPC would not hesitate to take action in the future. (File photo)The government has mandated the RBI to ensure CPI inflation at 4 per cent with a margin of 2 per cent on…

RBI MPC: India’s CPI inflation in April 2023 has declined to its 18-month low of 4.7 per cent.The RBI MPC also keeps the SDF unchanged at 6.25 per cent, and MSF and Bank Rates maintained at 6.75 per centThe RBI MPC on Thursday unanimously …

In the April 2023 policy also, the RBI had kept the repo unchanged. (File photo)RBI MPC has decided to keep the key repo rate unchanged at 6.50 per cent, in line with market expectationsEven as the retail inflation seems to have come under…

Announcing the June 2023 monetary policy keeping the repo rate unchanged at 6.50 per cent, RBI Governor Shaktikanta Das on Thursday also announced a slew of measures related to RuPay forex cards, e-RUPI, FEMA rules, priority sector lending,…

RBI Monetary Policy Committee Meet Live: When, Where & How to Watch Shaktikanta Das Address RBI press conference. (File photo)RBI governor will address a press conference at 12:00 pm on Thursday.The Reserve Bank of India’s rate-setting…

The RBI is mandated to limit CPI inflation in the range of 2-6 per cent.The rate hike decision comes at a time when the global banks are facing tough times, apart from economic uncertaintyEven as the 3-day RBI MPC meeting is going on from…

The RBI is mandated to keep the CPI inflation rate at 4 per cent, with a flexibility of 2 per cent up or down. (Photo: Reuters)RBI Governor Shaktikanta Das says the global economy is witnessing a renewed phase of turbulence with fresh…