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India: Twin boost for economy as factory output powers up, retail inflation cools hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.
RBI MPC meeting live updates: India’s central bank left its benchmark interest rate unchanged for a sixth straight meeting Thursday and retained its hawkish policy stance, signaling rates will stay higher for longer. Five of the six members of the Monetary Policy Committee voted to keep the benchmark repurchase rate at 6.5%. The panel also decided to retain its policy stance at “withdrawal of accommodation.” ....
RBI Monetary Policy: The Reserve Bank of India s Monetary Policy Committee today left interest rate target for the next fiscal year unchanged. India s policymakers implement measures to control inflation through monetary and fiscal interventions, export restrictions, and actions against hoarding. Finance Minister Nirmala Sitharaman recently stated that retail inflation is stable, thanks to government efforts to check price rise in perishable commodities. ....
In the year 2024, the efforts of sovereigns in both advanced and emerging economies would be to contain a fiscal explosion. Governments across the world would be tested on their ability to keep fiscal costs under control ....