Page 8 - Mpc Meet
Falling commodity prices may soften inflation, but it may remain elevated
Parliament likely to discuss the matter today; MPC to consider matter at 3-day meet that begins on Wednesday
 "Falling commodity prices may soften inflation, but it may remain elevated")
RBI Policy: How has inflation fared since the last monetary policy meeting?
Ever since the RBI MPC started to hike the repo rate in May, CPI inflation has eased from 7.79 per cent in April to 7.01 per cent in June
 "RBI Policy: How has inflation fared since the last monetary policy meeting?")
MPC likely to raise repo rate significantly in upcoming meetings: S&P
Says there is significant slack in the economy, as GDP is far below estimates of pre-Covid trajectory of potential output
 "MPC likely to raise repo rate significantly in upcoming meetings: S&P")
RBI raises repo rate by 50 bps to tame prices; pegs FY23 GDP growth at 7.2%
The repo rate before the pandemic came was 5.15%
 "RBI raises repo rate by 50 bps to tame prices; pegs FY23 GDP growth at 7.2%")
Sensex slips 215pts amid volatility post repo rate hike; ITC, RIL weigh
The RBI today raised the repo rate to 4.9 per cent, up from 4.4 per cent. The Central Bank also raised consumer price (CPI) or retail inflation forecast for FY23 to 6.7 per cent from 5.7 per cent.
 "Sensex slips 215pts amid volatility post repo rate hike; ITC, RIL weigh")
RBI likely to revise inflation outlook as it extends rate pause: Economists
Expectations are for the RBI to revive open-market operations or resort to Operation Twists, wherein it buys longer bonds and sells shorter-dated notes, to support the market amid record debt supply
 "RBI likely to revise inflation outlook as it extends rate pause: Economists")
Sensex up 460pts, Nifty tops 17600 on dovish RBI policy; bond yields dip 1%
Repo rate was left unchanged at 4 per cent and the reverse repo rate at 3.35 per cent
 "Sensex up 460pts, Nifty tops 17600 on dovish RBI policy; bond yields dip 1%")
RBI policy calms bond, equity markets. How analysts interpret the decision
The RBI's dovish stance has also provided comfort to the unnerved bond and equity markets.
 "RBI policy calms bond, equity markets. How analysts interpret the decision")
Sensex dips 1,024 pts amid rising oil price, FII selling; Nifty holds 17200
FIIs' favorite names and heavyweights like HDFC twins, ICICI Bank, Infosys, Kotak Bank, and Reliance Industries saw sharp cuts
 "Sensex dips 1,024 pts amid rising oil price, FII selling; Nifty holds 17200")
RBI to keep key interest rates unchanged: HDFC Bank chief economist
The Reserve Bank is likely to leave the key interest rates unchanged at its fourth bi-monthly policy review, according to HDFC Bank Chief Economist Abheek Barua
 "RBI to keep key interest rates unchanged: HDFC Bank chief economist")
RBI monetary policy meet: Beyond the growth-inflation trade-off
An accommodative stance on monetary policy (unchanged since June'19), in the face of an unfavourable growth-inflation trade-off is understandable for now
 "RBI monetary policy meet: Beyond the growth-inflation trade-off")
Monetary policy meet: RBI likely to focus on liquidity management
The RBI's 2021-22 growth forecast is likely to remain unchanged at 9.5 per cent year-on-year
 "Monetary policy meet: RBI likely to focus on liquidity management")
MPC meet: RBI will reiterate the need for right policy mix, says expert
As India's early-stage recovery has been derailed by the second wave, the MPC will continue to focus on growth and maintain the status quo on policy rates and liquidity stance
 "MPC meet: RBI will reiterate the need for right policy mix, says expert")
Top Headlines: CBSE Class 12 Board cancelled, Maruti's sales take 71% hit
Our top headlines Wednesday track the Indian economy
 "Top Headlines: CBSE Class 12 Board cancelled, Maruti's sales take 71% hit")
A no-action policy with focus on growth
'Unwinding' is unlikely to happen before the third quarter of this year even if we don't mess up in tackling a possible third wave of Covid; rate hike may have to wait for next year
RBI commits to OMO calendar, leaves key policy rates and stance unchanged
Despite the surge in Covid-19 infections, the growth target also remained unchanged at 10.5 per cent for the fiscal, but inflation was tweaked upwards slightly
 "RBI commits to OMO calendar, leaves key policy rates and stance unchanged")
RBI balances liquidity absorption with calendar on bond purchase
Central bank announces variable rate reverse repo auctions (VRRR) to suck out liquidity
 "RBI balances liquidity absorption with calendar on bond purchase")
RBI has been pragmatic on growth; ring-fenced the liquidity issue
The focus was to be more on the language of the RBI on growth and inflation. Here, the RBI has been pragmatic on growth with a forecast of 10.5 per cent for fiscal 2021-22 (FY22), which is quite timel
 "RBI has been pragmatic on growth; ring-fenced the liquidity issue")
Inflation range of 2-6% is appropriate for monetary policy: RBI report
Even as the foreword of the report has been written by RBI governor Shaktikanta Das, the report is not the official view of the central bank
 "Inflation range of 2-6% is appropriate for monetary policy: RBI report")
Big reforms: RBI gives retail investors direct access to govt bonds market
India, in fact, will be the third nation in the world after the United States and Brazil, where retail participants can take direct exposure on the government bond market
 "Big reforms: RBI gives retail investors direct access to govt bonds market")
