You are here: Home » Finance » RBI Policy » News
Business Standard

MPC maintains status quo to guard against looming inflation risks: Expert

The MPC revised its inflation projection for H2 FY2018 to 4.2-4.6%, including the impact of the revision in house rent allowance

Aditi Nayar 

As anticipated, the Monetary Policy Committee (MPC) left the repo rate unchanged at 6% in the Fourth Policy Review for FY2018, following the swift rise in the CPI inflation to 3.4% in August 2017 from 1.5% in June 2017. Similar to the last policy review, the decision was split, with one of the six members voting for a 25 bps rate cut, revealing the continuing disparity in the members’ assessment of the evolving inflation-growth dynamics, which may well persist going forward.  The MPC revised its inflation projection for H2 FY2018 to 4.2-4.6%, including the impact of the ...


Key stories on are available to premium subscribers only.


REMEMBER ME Forgot password?

Not a member yet ? Resister Now

Connect using any below

  • Don't lose the opportunity of saving $26.77 per month
  • Don't lose the opportunity of saving $26.77 per month
Total Amount
Rs. 0.00
To proceed, kindly select a subscription package


On Business Standard Digital

  • Access your subscription from anywhere. Be it your computer, tablet or smartphone using a browser or the App, Your Choice.
  • Access to exclusive content, features, opinions and comment, hand-picked by our editors, just for you.
  • Pick your 5 favourite companies. Get all the news upates at the end of each day through E-Mail.
  • Pick the industry that you want to track. And get a daily news letter specific to that industry. Cut out the clutter.
  • And stay on top of your investments. Track stock prices in your portfolio
  • Access 18 years of archival data

On Digital

  • Seamless access to with your Business Standard digital account.
  • Experience the best of the Journal's reporting, video and interactive features.
  • Read about the people and events shaping business, finance, technology, politics, technology and culture.
  • Stay informed with newsletters - an easy way to get WSJ content straight to your inbox - making life easier on your busiest days.
  • More business executives read the Journal globally than any other publication.
*Note :
Our Partners are proud to be associated with this initiative and will contribute Rs 100 x 6 months thereafter, standard rate of Rs 149 will be charged.
Offer valid for Indian residents only
Requires you to share personal information like PAN, Date of Birth, and Income.
*Annual saving on WSJ subscription price of US$ 347.88 (12 months @ US$ 28.99 per month)
* 1US$ = 67.50 INR.
*Please note that this offer is not valid if you are/were a registered/existing user on WSJ Digital
First Published: Thu, October 05 2017. 01:39 IST