On the growth front, the need for monetary support remains high
The RBI announced the formation of the working group, to be headed by R S Ratho
At the end of November, the Reserve Bank of India (RBI) had a $59 billion short position in the forward market
Experts indicated that yields on 'AAA'-rated corporate bonds have inched up slightly
The governor is chairing an almost entirely new six-member monetary policy committee
Despite a weaker dollar index and stronger Asian currencies, the rupee depreciated due to stop-loss triggers, said dealers
The government needs to spend more on capex and allow consumers to have money in their pockets if it wants growth. Let's focus on the real issues
Says expanding the manufacturing sector could also help in containing inflationary pressures by enhancing the supply capacity
India's foreign exchange reserves have declined by $50 billion this quarter as of December 13, according to the latest RBI data
Despite the growth slowdown, a rate cut-cycle is unlikely to start anytime soon
He talks of how the relationship between the central bank and the government has evolved, why putting business restrictions is the last resort for the regulator
The meeting took place at the finance minister's North Block office. Sources said that the meeting lasted around 20 minutes and was considered customary following the MPC meeting
Maintains neutral stance; sets stage for Feb rate action
In his interaction with the media, Das described the CRR cut as "normalisation" of its level. It was raised to 4.5 per cent in April 2022 when the last policy-tightening cycle started
Its better we stick to monetary policy, says RBI governor Shaktikanta Das
Since higher customs duties will result in the US suffering inflation, it's also possible the US Federal Reserve will review its stated policy of policy rate cuts
In all, the policy has travelled considerable space in addressing the emerging issues in financial services
RBI MPC: Governor Shaktikanta Das dodges term question with a smile, focuses on policy
Reserve Bank of India Monetary Policy Committee: Food prices likely to keep headline inflation up in the near future
Meeting begins on Wednesday against backdrop of Q2 GDP growth slowdown