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inflation: Fuel Inflation impacts core more than food: Report

The impact of food inflation shock on core inflation was the maximum during the late 1990s, which has declined over time, the paper finds. The response of core inflation to a one per cent rise in food inflation has declined from 0.37 percentage points in the second quarter of 1998-99 to 0.14 percentage points in the third quarter of 2023-24. The responsiveness of core inflation to food shock has declined substantially in the post de jure flexible inflation targeting regime in India. ....

Harendra Kumar Behera , Abhishek Ranjan , Bank Department , Reserve Bank , Fuel Inflation , Indian Economy , Monetary Policy , Core Inflation , Global Uncertainties , Flexible Inflation Targeting , Economic Research ,

MPC member Ashima Goyal: Full transmission of policy repo to loan rates not happening

MPC member Ashima Goyal: Full transmission of policy repo to loan rates not happening
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

Ashima Goyal , Shaktikanta Das , Flexible Inflation Targeting , Emeritus Professor , Gandhi Institute , Development Research ,

RBI transformed into crucial enabler for market economy: Governor Das

“The path-breaking structural reforms, such as the enactment of the Insolvency and Bankruptcy Code (IBC) and the adoption of Flexible Inflation Targeting in the recent years, have helped us to deal with the challenges in the banking system and the task of maintaining price stability more effectively,” he said. ....

Shaktikanta Das , Reserve Bank , Governor Shaktikanta Das , Governor Das , Bankruptcy Code , Flexible Inflation Targeting ,