Page 21 - Mpc

Core sector output worst in 52 months; MPC may cut rates to prop up growth

The core sector growth stood at 2.4 per cent during the first five months of the current financial year, lower than the 5.7 per cent a year ago

Room for rate cuts, not fiscal expansion, says RBI governor Shaktikanta Das

He was not willing to comment about the potential real interest rate of India that the central bank should fixate upon as the MPC cannot pursue multiple targets

Minutes of MPC meeting: Fixing weak economic growth remains top priority

What is telling is that large swings in the Indian business cycle are still not a thing of the past, despite the adoption of inflation targeting in India

Budget numbers indeed look challenging to achieve: DSP MF's Saurabh Bhatia

Whilst the noise on feasibility of budget numbers and risks on sovereign borrowing would persist in the near term, the budget outcome has certainly eased the job for RBI MPC to ease rates further

Ahead of the curve

RBI hikes rate to pre-empt inflationary build-up

Bumps ahead for bull run

RBI cut its median projections for gross value added growth for FY18 to 6.7% from 7.3%

Statsguru: Why MPC changed its stance on rates

MPC's stance appears to be driven by the belief that inflation continues to be a threat

Very few answers

The MPC minutes need to be more detailed to be useful

Sajjid Z Chinoy: Don't miss the forest for the trees

The last two years have witnessed a dramatic, durable disinflation and a remarkable transformation of the monetary policy regime

MPC doesn't really curb RBI decision on rates

While the govt did not commit to a timeframe, it was widely expected that Urjit Patel 1st monetary policy will be lead by the 6-member MPC

Govt notifies Monetary Policy Committee

The MPC has been tasked with deciding benchmark interest rates, something which the RBI governor used to decide till now

Govt appoints 3 academics to monetary policy panel

Chetan Ghate, Pami Dua and Ravindra Dholakia have been appointed for 4 years

Meet the members of the new interest rate-setting committee

Each will have one vote and Patel will hold an additional tie-breaker, guided by a newly established inflation target

Vigilance nod awaited for new monetary policy panel members

Also, a no-objection from the tax department may be essential

Government may nominate 3 MPC members this month

The next bi-monthly RBI policy, scheduled on October 4, will be decided by the Monetary Policy Committee