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RBI retains policy rate, keeps its growth target

The Reserve Bank of India s Monetary Policy Committee (MPC) has maintained a hawkish stance, ruling out rate cuts until the next general elections. The MPC s tone and actions on liquidity indicate that monetary policy is unlikely to support growth until the second half of 2024. The RBI Governor emphasized the bank s inflation target of 4%, and the MPC could pivot towards a more hawkish stance if there are inflationary pressures. Experts predict that rate cuts are unlikely until the first half of 2024. | Latest News India ....

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Number Theory: India's political economy story of the last decade – I | Latest News India

Number Theory: India's political economy story of the last decade – I | Latest News India
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