The change in stance to neutral from accommodative in the June monetary policy meeting does not necessarily signal that the Reserve Bank of India’s (RBI’s) rate setting body — monetary policy......
Dr Nagesh Kumar, one of the three new MPC members, wanted the MPC to reduce the repo rate by 25 basis points to 6.25%. IMAGE: Reserve Bank of India Governor Shaktikanta Das. Photograph: Francis......
. Photograph: Francis Mascarenhas/Reuters While top economists are of the view that the Reserve Bank of India's Monetary Policy Committee (MPC) may not cut the repo rates, they also said it would......
The government on Tuesday appointed three external members -- Ram Singh, Saugata Bhattacharya and Nagesh Kumar -- to the RBI's rate-setting Monetary Policy Committee for four years. Photograph:......
Deputy Governor Michael Patra warned about the spillover effects of food inflation. IMAGE: With food inflation pressures showing little sign of abatement in the near term and household inflation......