Page 20 - Monetary Policy

Top headlines: India buries retrospective tax, RBI to spell out policy

Business Standard brings you the top headlines on Friday

RBI likely to maintain status quo on interest rate amid fears of third wave

The Reserve Bank is likely to maintain status quo on interest rate and watch the developing macroeconomic situation for some more time before taking any decisive action on monetary policy.

Price shock has ICICI Prudential Life's exec expecting hawkish RBI in Aug

India's retail inflation crossed outside the central bank's 2%-6% comfort zone recently, pushing yields higher on fears the Reserve Bank of India's policy tone will change as early as August in the di

Reserve Bank of India: The real hero of the 1991 economic reforms

The three governments of that decade - the Congress, the United Front, and the National Democratic Alliance - went along because whatever the RBI did had no impact on votes

Best of BS Opinion: India's data deficiency, question of compliance & more

Here are the best of Business Standard's opinion pieces for Wednesday

A question of compliance

Data limitations should not be an escape clause for not honouring obligations under the inflation targeting regime

Save jobs or protect savers? A new monetary policy dilemma amid Covid-19

The model suggests that interest rates can be kept low for the greater good.

Caution on inflation

RBI's primary mandate should remain inflation targeting

RBI will stick to pushing economic growth at this stage: Deputy guv MK Jain

"The inflation concerns are valid but we have to prioritise growth at this stage", deputy governor MK Jain said at a webinar

Need to be watchful on inflation even as we prioritise growth: MPC minutes

Focus on revival and sustenance of growth is the most desirable policy option while of course remaining watchful of the inflation trajectory, governor Shaktikanta Das said

Forex has helped avert a currency run, but continuous inflow has its risks

At a time when India is facing stagflation, its forex reserves have helped avert a currency crisis, but there are unintended consequences of accumulating forex. Manojit Saha explains the risks

Some bright spots

There are still a number of risks to durable economic recovery

Best of BS Opinion: Rising inflation risk, Centre's GTR in 2020-21 & more

Here are the best of Business Standard's opinion pieces for Tuesday

Rising inflation risk

Ignoring it for long could increase longer-term costs

Best of BS Opinion: Seal a tax deal, the road ahead for SBI, and more

Here are the best of Business Standard's opinion pieces for Monday

Best of BS Opinion: Sub-African India, RBI monetary policy, and more

Here are the best of Business Standard's opinion pieces for Saturday

Monetary policy: RBI keeps rates unchanged, cuts growth forecast

Repo rate stays at 4%, stance accommodative; Central bank to buy Rs 1.2 trillion of bonds in Q2

Indices cap weekly gains as RBI lowers growth outlook: Nestle falls 1%

Lacklustre global cues and a weak rupee also soured risk appetite, traders said

A monetary policy of continuity with change

This time, RBI's rate-setting body is not only talking about sustaining growth but also reviving it

Continuing to lend a calming hand, RBI has its job cut out from here on

With inflation pressures likely to remain intact, the other critical input for the RBI will be the global monetary policy conditions, especially in the US