IMF hints at 'sustained slowdown' in China, India in 2025
IMF says Emerging Asia’s strong growth is expected to subside, from 5.7% in 2023 to 5% in 2025. In China, the slowdown is projected to be more gradual
IMF says Emerging Asia’s strong growth is expected to subside, from 5.7% in 2023 to 5% in 2025. In China, the slowdown is projected to be more gradual
Historical trends suggest that the Reserve Bank of India often aligns its policy direction with the U.S. Federal Reserve.
With spillovers to costs, service charges and output prices, the danger of food inflation surfacing as a more generalised phenomenon has increased, says RBI paper.
Wholesale price index inflation stood at 3.36% in June and 2.74% in May.
The RBI maintains status quo for the 9th straight time, keeps repo rates unchanged at 6.5% and the MSF at 6.75%
RBI Governor Shaktikanta Das says MPC is committed to ensuring price stability, which results in a period of sustained growth
The surge is driven by increased costs of food items, food products manufacturing, crude petroleum, natural gas, mineral oils, and other manufacturing sectors
Consumer Food Price Index surges to 9.4%.
If we target inflation based on CPI and seasonal factors and decide policy rates of interests accordingly, we are bound to make mistakes.
The final leg of this disinflation journey may be tough, says RBI governor Shaktikanta Das