From integrated transport planning and uncertainty over Rodtep to the RBI's geopolitical challenges, family business governance, today's opinions examine policy and institutional reform
From the RBI's shift to calibrated tightening and health-insurance copayments to India's tax reform journey, aviation security, today's opinions examine policy trade-offs and institutional change
RBI changes the policy stance to "calibrated tightening" from neutral
The Reserve Bank of India's Monetary Policy Committee unanimously hiked the repo rate by 25 basis points to 5.5 per cent from 5.25 per cent.
The RBI MPC has raised the repo rate by 25 basis points to 5.5 per cent. Here is a look at the central bank's five previous rate hikes and the inflation backdrop at the time
RBI MPC October 2026: At its policy meeting, held between October 5 and October 7, the committee changed the stance to 'calibrated tightening'
A hike would put the Reserve Bank of India alongside Asian peers that have already begun tightening and mark the first such move under Governor Sanjay Malhotra
RBI MPC meet: At its August monetary policy review, the RBI kept the repo rate unchanged at 5.25 per cent and maintained its 'neutral' stance
India's policy calendar this week will track RBI's rate decision, GST process reforms and fresh forex reserves data
RBI's MPC will meet from October 5-7 to decide on interest rates; economists expect a 25-basis-point hike to 5.5 per cent as inflation rises and global central banks tighten policy
Record inflows from Indians abroad have left banks flush with cash, pushing overnight rates below the RBI's 5.25 per cent policy rate as inflation pressures build
Experts said that the key point is not the size of the increase, but the change in direction, and expect the RBI to consider 50bps hikes in both the October and December policy meetings this year
Reserve Bank's Monetary Policy Committee (MPC) will reassess growth and inflation dynamics at its meeting next month amid rising prices of crude oil due to the ongoing West Asia crisis, Governor Sanjay Malhotra said on Friday. In an interview to CNBC-TV18, the governor also said nearly 50 per cent of the Foreign Currency Non-Resident (Bank), or FCNR(B) deposits, mobilised under the forex swap facility is for 5-year tenor. The inflows under the FCNR (B) deposits totalled USD 127.22 billion in the recently concluded RBI swap facility. On inflation, Malhotra said the rising crude oil prices will have an impact but it will depend on how much is passed through, he said. "Crude has gone up. July was for the Indian basket an average of 82 billion dollars. August it has gone up to 90 billion dollars and so that will certainly have some impact, but it will depend again on the pass-through," Malhotra said in the interview. According to him, the government has to a great degree absorbed and .
Besides the uncertainty in West Asia, India must also be prepared for shifts in global financial conditions
RBI MPC member Saugata Bhattacharya says the repo rate may need reassessment if inflation broadens, but current data does not warrant a rate-hike cycle
Has the RBI been biased toward tight monetary policy, or is its rate-setting framework flawed?
Large interventions across markets call for greater coherence in the RBI's policy framework
The RBI's four-day VRRR auction attracted Rs 1.3 trillion in bids as it absorbed surplus liquidity, helping push overnight money market rates closer to the policy rate
Today's opinions examine the RBI's inflation dilemma, rising life insurance surrenders, India's employment crisis, possible UPI charges and the shift from food to nutrition security
Strong growth, above-target inflation projections and near-zero real interest rates suggest the RBI's dovish stance may not last, raising the prospect of higher rates ahead