Top headlines: MPC may go for liquidity cut, experts on retro tax, and more

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MPC may opt for cut in liquidity, no rate hike: BS monetary policy poll

Economists and bond market participants do not expect the monetary policy committee (MPC) to change its accommodative stance or the repo rate on October 8 but they will keenly look for hints on policy normalisation, starting with the removal of excess liquidity. A Business Standard policy poll of 14 leading economists and bond market participants expects the status quo. But their prognosis about other policy outcomes varied widely. The repo rate is now at 4 per cent, while the reverse repo rate is at 3.35 per cent.