Search For "mpc"
We expect RBI to implement final rate hike in February and change stance
Updated : 3 years, 1 month ago IST
In its December monetary policy committee meeting, the RBI raised the policy repo rate by 35 basis points (bps) to 6.25 per cent.
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Proactive measures by government brought inflation within RBI's tolerance
Updated : 3 years, 1 month ago IST
India's retail inflation was above RBI's 6 per cent target for three consecutive quarters, and had only managed to fall back to the RBI's comfort zone in November 2022.
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India's wholesale inflation moderates further to fall below 5 pc
Updated : 3 years, 1 month ago IST
The wholesale price index (WPI)-based inflation had been in double digits for 18 months in a row till September.
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Indian stocks settle low for third straight day; Covid concern weighs
Updated : 3 years, 2 months ago IST
Indian stock indices settled lower on Thursday, extending losses for the third straight session over concerns of a possible resurgence of Covid cases in several countries.
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Continued monetary policy tightening necessary: RBI MPC member Shashanka B
Updated : 3 years, 2 months ago IST
Continued monetary policy tightening is needed to achieve moderation in the inflationary pressures, Reserve Bank of India's Monetary Policy Committee member Shashanka Bhide said during the latest policy meeting held this month.
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Premature pause in monetary policy action would be costly error: RBI Gover
Updated : 3 years, 2 months ago IST
Raising interest rates typically cool demand in the economy, thereby putting a brake on inflation.
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Bank of England raises bank rate by 50 basis points to 3.5 pc
Updated : 3 years, 2 months ago IST
The Monetary Policy Committee (MPC) of United Kingdom's central bank sets monetary policy to meet the 2 per cent inflation target, and in a way that helps to sustain growth and employment, according to a statement available on bankofengland.co.uk.
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RBI Monetary Policy Committee hikes policy rate by 35 bps to 6.25 per cent
Updated : 3 years, 3 months ago IST
The Monetary policy committee (MPC), which determines interest rates, opted to raise the policy repo rate by 35 basis points to 6.25 per cent with immediate effect.
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Indian stocks extend losses to third day; all eyes on RBI policy meet
Updated : 3 years, 3 months ago IST
At the time of writing this report, Sensex traded at 62,600.88 points, down 233.72 points or 0.37 per cent, whereas Nifty traded at 18,627.45 points, down 73.60 points or 0.39 per cent.
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35 basis points repo rate hike looks imminent from RBI policy meet: SBI Re
Updated : 3 years, 3 months ago IST
The SBI Research, in the report, said it believes 6.25 per cent could be the terminal rate in this monetary policy tightening cycle.
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Indian stock indices extend losses to second day; Sensex down over 300 pts
Updated : 3 years, 3 months ago IST
At the time of writing this report, Sensex traded at 62,516.75 points, down 351.75 points or 0.56 per cent, whereas Nifty traded at 18,600.80 points, down 95.30 points or 0.51 per cent. Rupee opened at 81.23 against the US dollar. On Friday, it closed at 81.32.
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State Bank of Pakistan hikes interest rate to 16 per cent to curb inflatio
Updated : 3 years, 3 months ago IST
The State Bank of Pakistan (SBP) jacked up its policy rate by 16 per cent on Friday, the Express Tribune reported on Friday citing the bank after a meeting of its monetary policy committee (MPC), according to the Express Tribune.
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