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rbi policy: RBI s tone may get more accommodative as second wave burdens economy

Explore Now MUMBAI: In a reflection of the uncertainty that surrounds policy making these days, economists now believe that the best course of action for the Reserve Bank of India’s rate-setting panel on Wednesday will be to reiterate its commitment to keeping monetary policy accommodative in the wake of a raging second wave of Covid-19 infections in the country. Post the Monetary Policy Committee’s February meeting, the debate among economists was whether or not it’s time for the central bank to start guiding the market about its intention to eventually roll back the extraordinarily loose policy steps taken in the middle of the pandemic in 2020.

Prithviraj srinivasMadhavi aroraShaktikanta dasMonetary policy committeeReserve bankConsumer price index basedEdelweiss securitiesAxis securitiesபிரிதுதுவிராஜ் ஸ்ரீநிவாஸ்மாதவி அரோராபண பாலிஸீ குழுஇருப்பு வங்கிநுகர்வோர் ப்ரைஸ் குறியீட்டு அடிப்படையிலானதுஏதெல்வேஸ்ஸ் பத்திரங்கள்அச்சு பத்திரங்கள்

Why Modi govt has done well to maintain continuity in inflation targeting framework

Why Modi govt has done well to maintain continuity in inflation targeting framework Ila Patnaik © Provided by The Print [Dropcap]The[/Dropcap] Narendra Modi government has decided to retain India’s inflation target at 4 per cent with a band of 2 per cent on either side for another five-year period, ending March 2026. This is a welcome decision. In a previous column, we argued that changing the inflation target at this time could make the task of managing inflation expectations difficult. In the current uncertain economic scenario, retaining the inflation target provides stability and helps the Reserve Bank of India’s Monetary Policy Committee focus on anchoring inflation expectations, while also balancing the objective of supporting growth.

Narendra modiRadhika pandeyIla patnaikShreyas sharmaNational institute of publicIndia monetary policy committeeReserve bankMonetary policy committeeFinance actConsumer price index basedEconomic surveyNational institutePublic financeநரேந்திர மோடிராதிகா பாண்டேஇழ பாதநைக்

Why Modi govt has done well to maintain continuity in inflation targeting framework

Why Modi govt has done well to maintain continuity in inflation targeting framework
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Narendra modiRadhika pandeyIla patnaikShreyas sharmaNational institute of publicIndia monetary policy committeeReserve bankMonetary policy committeeFinance actConsumer price index basedEconomic surveyNational institutePublic financeநரேந்திர மோடிராதிகா பாண்டேஇழ பாதநைக்

Consumer inflation rises to four-month high

The Consumer price Index based monthly inflation increased by 8.7pc on year-on-year (YoY) basis

Pakistan bureau of statisticsDunya newsPakistan bureauConsumer price index basedSensitive price indicatorWholesale price indexபாக்கிஸ்தான் பணியகம் ஆஃப் புள்ளிவிவரங்கள்துணிய செய்திபாக்கிஸ்தான் பணியகம்நுகர்வோர் ப்ரைஸ் குறியீட்டு அடிப்படையிலானதுமொத்த ப்ரைஸ் குறியீட்டு

Sensex hits 52,000-mark for the first time on global cues

Gains in global equities after successful coronavirus vaccine rollouts raised hopes of a rapid economic recovery. The surge in local equity markets was also after better than expected earnings and macro economic data

Hong kongSouth koreaSouth koreanAmara rajaUpasna bhardwajSenior economist at kotak mahindra bankJohnson mattheyCoal indiaWhy mumbaiIncome tax actConsumer price index basedSenior economistKotak mahindraJoin mintGlobal equitiesஹாங் காங்