Page 9 - Rbi Monetary Policy

RBI raises FY25 inflation estimate to 4.8%, CPI to remain elevated in Q3

The Reserve Bank on Friday raised the inflation projection for current fiscal year to 4.8 per cent from 4.5 per cent with Governor Shaktikanta Das saying lingering food price pressures are likely to keep headline inflation elevated in the December quarter. Consumer price index (CPI)-based inflation increased sharply in September and October 2024 led by an unanticipated increase in food prices. Core inflation, though at subdued levels, also registered a pick-up in October. Fuel group remained in deflation for the 14th consecutive month in October. "In the near term, despite some softening, lingering food price pressures are likely to keep headline inflation elevated in Q3," Das said while unveiling the December 2024 monetary policy. RBI said CPI inflation for 2024-25 is projected at 4.8 per cent, with Q3 at 5.7 per cent; and Q4 at 4.5 per cent. CPI or retail inflation for Q1:2025-26 is projected at 4.6 per cent, and Q2 at 4 per cent. In the October policy, the central bank had ...

RBI raises rates for non-residents to attract forex, halt rupee losses

The move comes as the monetary authority has been using its foreign-exchange reserves to slow the pace of the drop in the rupee

Repo rate unchanged: A look at car loan interest rates of various banks

Interest rates likely to stay the same for now, but lenders may still adjust terms based on their considerations

Markets Today: RBI Policy, FIIs, Sensex, GIFT Nifty; Ganesh Infraworld IPO

Pre-market update: RBI policy decision likely to set the equity market trend on Friday; Strong FIIs buying a positive; Ganesh Infraworld likely to witness a bumper listing on the NSE SME platform.

RBI MPC: Policy likely to ease through liquidity if not rates, say analysts

MPC is largely expected to hold the key policy rate steady at 6.5 per cent for the eleventh straight meeting, but a few economists have forecast a 25 basis points (bps) cut

RBI Monetary Policy: Date, time, & where to watch Shaktikanta Das live

The RBI's crucial Monetary Policy review is underway, with Governor Shaktikanta Das set to reveal key decisions on December 6 at 10 am. Here's what you need to know

GDP growth likely bottomed out; inflation to prevent December RBI rate cut

The CPI inflation for Q3 FY2025 is expected to overshoot the MPC's estimate of 4.8 per cent for the quarter by at least 60-70 bps

RBI to weigh growth slowdown, inflation at its MPC meeting this December

A survey conducted by Business Standard revealed that majority respondents believed that the RBI might revise its growth and inflation projections for the financial year

Policy process: Currency-market intervention should be more selective

On monetary policy, Mr Das categorically noted that a rate cut would be premature and could be "very, very risky"

OIS rates spike in Oct on geopolitical tension, spread with G-sec narrows

OIS rates are a crucial indicator reflecting expectations for interest rate changes, and they are the principal tool for hedging interest rate risk in India

RBI holds repo rate, adopts neutral stance, opens door for rate cut

If we see higher inflation in September-October and 7% GDP growth in September quarter, will the RBI go for a rate cut in December? Or, will that be pushed to February?

RBI MPC: Repo rate steady at 6.5%, stance turns neutral – Key takeaways

On October 9, the RBI's rate-setting panel kept the repo rate unchanged at 6.5%. The stance has been changed to neutral from the earlier "withdrawal of accommodation".

Market Close Highlights, Oct 9: Sensex sheds 167pts, Nifty nears 25k; RBI MPC holds rates at 6.5%

Stock Market Today: GIFT Nifty futures indicated a slightly positive bias for markets at open today.

RBI MPC: Short-term inflation risk remains in focus, says Shaktikanta Das

In a press statement after the RBI's Monetary Policy announcement, RBI Governor Shaktikanta Das said the inflation worries have eased but there is a need for greater vigilance

As RBI takes a 'neutral' stance, what do its monetary policy stances mean?

The Reserve Bank of India, in its 51st Monetary Policy meeting, announced a shift of stance from withdrawal of accommodation to 'neutral', signalling an upcoming interest rate change

RBI policy: MPC keeps repo rate unchanged at 6.5%, shifts stance to neutral

Governor Shaktikanta Das said that India's real GDP grew by 6.7 per cent in Q1. For FY25, the RBI kept its GDP projection unchanged at 7.2 per cent

RBI's MPC meeting today: Will there be a rate cut? Key points to watch

For the last nine consecutive meetings, the RBI has maintained the repo rate at 6.50 per cent, balancing inflation control with economic growth objectives

Market Today: RBI MPC outcome, global market recovery, Israel war, Oil down

At 6:34 AM, GIFT Nifty Futures were trading 25 points higher at 25,157, suggesting a flat to positive start for Indian markets.

RBI's Monetary Policy Committee meet: Date, time, members, and agenda

RBI began its fourth Monetary Policy Committee meeting for the ongoing financial year on Monday. Key announcement from the meet will be announced on Oct 9

Bond bulls bet on RBI's dovish turn to extend rally amid policy shift

While interest-rate swaps are pricing a rate cut only in December, traders are girding for a possible shift in the RBI's stance to neutral