Tag: RBI monetary policy committee

RBI cuts repo rate by 50 bps to give boost to growth

RBI cuts repo rate by 50 bps to give boost to growth

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The Monetary Policy Committee (MPC) under the chairmanship of Sanjay Malhotra, Governor, Reserve Bank of India on Friday (June 6, 2025) voted to reduce the policy repo rate by 50 basis points (bps) to 5.50% with immediate effect.  Consequently, the standing deposit facility (SDF) rate under the liquidity adjustment facility (LAF) shall stand adjusted to […]

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India’s economic growth appears to be very fragile, says RBI Monetary Policy Committee member Varma

India’s economic growth appears to be very fragile, says RBI Monetary Policy Committee member Varma

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RBI Monetary Policy Committee member Jayanth R. Varma. Photo: iima.ac.in India’s economic growth appears to be ‘very fragile’ and it may fall short of what the country needs to meet the aspirations of its growing workforce, RBI Monetary Policy Committee (MPC) member Jayanth R. Varma said on February 26. In India, Mr. Varma said he […]

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Indian economic growth ‘extremely fragile’, needs all support: RBI Monetary Policy Committee member Jayanth Varma

Indian economic growth ‘extremely fragile’, needs all support: RBI Monetary Policy Committee member Jayanth Varma

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India’s economic growth is now ‘extremely fragile’ and needs all the support that it can get, as private consumption and capital investment are yet to pick up, RBI Monetary Policy Committee (MPC) member Jayanth R Varma said on December 23. Mr. Varma further said out of the four engines of growth for the economy, exports […]

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Retail inflation cools to 6.77% in October from 7.41% in September

Retail inflation cools to 6.77% in October from 7.41% in September

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A scene at wholesale vegetable market Azadpur Mandi, in New Delhi. File | Photo Credit: Sushil Kumar Verma India’s retail inflation cooled to 6.77% in October from 7.41% in September, slipping below the 7% mark for the first time in three months and only the second time since April’s eight-year high mark of 7.8%. This […]

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Demonetisation behind the buoyancy in tax collections, says RBI MPC member

Demonetisation behind the buoyancy in tax collections, says RBI MPC member

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Demonetisation enhanced digitisation and formalization in the economy and reduced tax evasion, said Ashima Goyal Demonetisation enhanced digitisation and formalization in the economy and reduced tax evasion, said Ashima Goyal RBI Monetary Policy Committee (MPC) member Ashima Goyal has attributed the rise in tax collections to demonetisation and said that it will help the nation […]

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Effect of RBI’s rate increases still unclear: MPC’s J.R. Varma

Effect of RBI’s rate increases still unclear: MPC’s J.R. Varma

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Pace of interest rate adjustment will depend on state of the economy, says panel member Pace of interest rate adjustment will depend on state of the economy, says panel member The success of the Reserve Bank of India’s interest rate increases in controlling inflation is not yet clear, and the pace of rate adjustment will […]

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