Inflation lessons: On the inflation data and the RBI

Inflation lessons: On the inflation data and the RBI

The September 2025 retail inflation data, at a 99-month low of 1.54%, has important policy implications for the RBI in particular. Except for August, retail inflation has slowed in every month this financial year. The average rate of inflation for the first half of the fiscal is 2.2%, just within the RBI’s comfort band of […]

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To be or not to be: With GST tailwind, Monetary Policy Committee likely to hold rates 

To be or not to be: With GST tailwind, Monetary Policy Committee likely to hold rates 

The three-day closed-door Monetary Policy Committee (MPC) meeting, which commenced on Monday (September 29, 2025), has raised hopes of a rate cut. The October policy comes within weeks of a cut in Goods and Services Tax (GST) and at a time when demand is likely to be created in the domestic market amid the […]

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Pause could prove costly, said Shaktikanta Das; growth fragile, held MPC dissenter Varma

Pause could prove costly, said Shaktikanta Das; growth fragile, held MPC dissenter Varma

Reserve Bank of India (RBI) Governor Shaktikanta Das. File. | Photo Credit: PTI  The Reserve Bank of India could ill afford to opt for a “premature pause in monetary policy action” as it would prove costly at a time when there was stickiness in core inflation, Governor Shaktikanta Das stressed at the Monetary Policy Committee’s […]

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