CPI-based inflation for first half of the next fiscal, beginning April 2020, has been projected at 3.6 per cent
The RBI has lowered interest rates to a nine-year low, but that impact is yet to be felt due to tardy monetary policy transmission and subdued demand for loans
After back-to-back rate cuts, RBI could pause in the October policy but then deliver a 25-bp rate cut in the December policy after July-September GDP data are out in November-end
The general government debt of AEs as a group has surpassed 100 per cent of gross domestic product (GDP), whereas the fiscal space is also constrained in many of these countries
They are going to cut rates in August and again later, mainly due to low growth and weak inflation, said an economist
GDP growth rate for FY 2020 has been lowered to 7.2 per cent in benign inflation scenario.
The six-member Monetary Policy Committee (MPC) headed by RBI Governor Shaktikanta Das will announce the resolution of the meeting at around noon on Thursday
Headed by RBI Governor Shaktikanta Das, the committee also includes two representatives from the central bank and three external members
Not only do the bonds increase the balance sheet size of the central bank by infusing permanent liquidity into the system, the central bank runs the risk of stoking inflation in medium to long term
Its policies need to evolve to take cognizance of geo-political risks and the opportunities that digitisation offers to the poor
The report said there will still be a deficit of Rs 1 trn in the system till Dec even if RBI continues to inject money through buyback of govt bonds
On the growth front, with the recent data shows that industrial production is maintaining its growth momentum, RBI has retained its GDP growth projection for 2018-19 at 7.4%
The highest priority is further strengthening of domestic macroeconomic fundamentals, says RBI governor Urjit Patel
RBI kept the policy rates unchanged. The pause surprised the Street as it was expecting a hike in the rates to stem the fall in the domestic currency
Foreign portfolio investors to get allocation based on how long they plan to stay invested
The decision underlines a strict adherence to its inflation mandate to the exclusion of all other considerations such as exchange rate and financial stability
Defaults by IL&FS points to a larger issue
The central bank left the repo rate at 6.50 per cent but changed the policy stance to a calibrated tightening from neutral in earlier
The intent of the Reserve Bank's policy sends signals for supporting growth in the near-term
With the actual retail inflation coming below RBI's projections in the last two months, the rate pause in October 2018 is not altogether unexpected