RBI Rate Hike

Business Standard's opinion pages this week focused on election outcomes, inflation, RBI rate hikes, and much more

Business Standard's opinion pages this week focused on 5G launch, Rahul Gandhi's Bharat Jodo Yatra, economic slowdown, and much more >

Business Standard's opinion pages this week focused on interest rate hike, failing judiciary, India's missing CDS, and much more

With the revenue shortfall looming large, there have been suggestions for raising GST rate and cess to meet the gap

R Sivakumar says the RBI is promising an 'accommodative' stance

The Reserve Bank of India may revise both inflation and growth projections downwards

We expect CPI for FY19 at 4.2% and our inflation trajectory projection makes us believe that rate hike is now off the table in FY19, says the report

In August, RBI had hiked its key lending rate by 25 basis points to bring the repo to 6.50%

According to the industry body, BCI has touched the series high of 64.9 as against 60.1 in the last quarter

The rupee closed at 71.57 a dollar, down from its previous record close of 71.18. Other emerging markets currencies also fell against the dollar

If the NPA situation improves, RBI would have more wriggle room

Whether the debt selloff will continue or not depends on the message from the six-member MPC headed by Governor Urjit Patel

Earlier this month, the central bank had hiked the key rate by 0.25 per cent to 6.25 per cent

In a poll ahead of the central bank's June meeting the median consensus had shown no hike until August

The Reserve Bank of India last week raised interest rates for the first time since 2014 and also revised its inflation forecast for the fiscal year 2019

The global brokerage had said earlier that it expected RBI to maintain an extended pause and start the rate hike cycle only from the beginning of next year

The minutes add to a feeling of whiplash in the bond market that only last month rebounded from its longest rout in two decades amid a slew of supportive measures by policy makers

Morgan Stanley's base case assessment remains that the RBI will hike in 4Q18

But minutes of meeting show executive director voting for status quo

The next meeting of the Monetary Policy Committee is scheduled for April-5-6, 2017