As the Reserve Bank of India's Monetary Policy Committee (MPC) prepares to announce its policy decision this week, the industry and economists remain divided on what the central bank will do.
Despite the uncertain global trade environment due to ongoing tariff announcements and trade negotiations, the Reserve Bank of India (RBI) has kept the GDP growth projection for the current financial year 2025-26 unchanged at 6.5 per cent.
BOB also cautioned that the rate cut could be further delayed if inflationary pressures persist. With the Monetary Policy Committee (MPC) voting 4-2 in favour of maintaining the current policy stance, the decision underscores a growing divide among its members regarding the direction of mone
Mumbai (Maharashtra), [India], Dec 5 (ANI): Assuming a normal monsoon in 2019, the Reserve Bank of India (RBI) on Wednesday said that inflation is likely to stay in the range of "2.7-3.2 per cent in H2 of 2018-19 and 3.8-4.2 per cent in H1 of 2019-20, with risks tilted to the upside."
New Delhi [India], June 7 (ANI): Federation of Indian Chambers of Commerce & Industry (FICCI) has hailed the Reserve Bank of India (RBI) monetary policy while calling it 'positive for growth revival.'
New Delhi [India], June 6 (ANI): The Reserve Bank of India (RBI) Governor Urjit Patel on Wednesday announced that the Monetary Policy Committee (MPC) has retained its FY19 GDP growth forecast at 7.4 percent.