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India's cloudy price outlook to keep MPC focused on inflation - minutes

India s monetary policy committee will remain vigilant of inflation risks, with the overall outlook remaining clouded by volatile and uncertain food prices, members of the committee said in the.
-December 22, 2023 at 07:37 am EST
- MarketScreener ....

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India's cloudy price outlook to keep MPC focused on inflation

India's cloudy price outlook to keep MPC focused on inflation
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RBI Bulletin: 'Objective of aligning inflation with 4% target far from assured' | Business News

While consumer price index (CPI) -based inflation for FY24 is expected to be at 5.4 per cent, for the first three quarters of 2024-25 it is projected at 4.6 per cent, according to the ‘State of the Economy’ article published in the RBI’s December bulletin. ....

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Inflation remains RBI's top priority as the future is 'very fickle'

Reserve Bank Governor Shaktikanta Das on Friday said there is no plan to loosen interest rates as inflation continues to be the top priority for the central bank.

Speaking to reporters at the central bank headquarters here, Das clarified that the inclusion of over tightening in his statement while announcing the fifth consecutive status quo in rates, should not be construed as anything else.

A loosening in rates is not on the table, Das added. ....

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No plans to loosen rates, inflation top priority: RBI Guv Shaktikanta Das

No plans to loosen rates, inflation top priority: RBI Guv Shaktikanta Das
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