Page 18 - Monetary Policy Committee

World Bank cuts India's FY23 GDP forecast to 7.5% amid rising inflation

This is the second time the World Bank has revised its GDP growth forecast for India in FY23

Markets jittery ahead of RBI's policy decision; Sensex falls 568 points

Foreign portfolio investors (FPIs) sold shares worth Rs 2,294 crore, while domestic investors provided buying support to the tune of Rs 1,311 crore

RBI MPC meet: Question not whether to raise borrowing costs but by how much

With Wednesday's Monetary Policy Committee (MPC) decision following May's surprise 40 basis-point off-cycle hike, expectations have narrowed down to the size of increase to tame inflation

10-year G-Sec touches 7.5% ahead of RBI's monetary policy review

The yield jumped 4 basis points (bps) on Monday after Saudi Arabia - the world's biggest oil exporter - raised prices for Asian buyers

RBI's monetary policy to focus on macroeconomic stability

Since the last policy announcement, inflationary risks have increased significantly

The inflation spectrometer

Even as some inflationary impulses fade, others of more recent vintage pose new and bigger risks; one must disentangle multiple strands to reduce risk of policy errors

Liquidity withdrawal expected as RBI set to hikes rates on Wednesday

RBI Governor Shaktikanta Das said late last month the bank's primary focus was to bring inflation down closer to target but it could not disregard concerns around economic growth

Most economists see 50-bp repo rate hike: Business Standard policy poll

FY23 inflation projection may go above 6%; liquidity steps anticipated

After the rate hike

Policy will depend on RBI's inflation projection

India's retail inflation may be at 5.7-6.9% in FY23, say economists

This is after duty cuts on fuel; 25-50 bps repo rate hike likely in the MPC meet next week

Don't expect CRR hike in next RBI policy review, says SBI chairman

Loan growth could be better than in previous fiscal

How RBI missed the inflation surge

The RBI did most of the heavy-lifting in the initial phase of the pandemic but was slow in unwinding the policy accommodation as economic reality changed

From balancing growth to inflation, WEF focused on challenges for economies

In the wake of the geopolitical crisis and rising prices, India's recovery remains dodgy

No plan to change govt's FY23 borrowing target despite revenue hit: Source

No compromise on capex; consolidated fund to be used if needed, the source said

Retail inflation may settle at 5.7-6.9% in FY23 after fuel duty cuts

Economists expect 40-50 bps hike in repo rate by MPC next month

A 'no-brainer': RBI governor Shaktikanta Das on expected rate hike in June

Says have entered another phase of 'coordinated action' between fiscal and monetary authorities

Limited impact

Tax cuts will not lower inflation significantly

'RBI rate hike was moderate as CRR was also raised': Ashima Goyal

Monetary policy committee says decision to cut repo rate was at the correct time.

MPC members argued for front-loading rate hikes in view of inflation

External member Jayanth Varma said 100 bps rate hike required 'very soon'

Central banks and the rule of law

In a constitutional democracy, the RBI is bound by the law to focus on its core mandate