Restrictive policy will lead to growth sacrifice in 2025-26: MPC member Jayanth Varma
Jayanth Varma voted to reduce the repo rate by 25 basis points and to change the stance to neutral.
Jayanth Varma voted to reduce the repo rate by 25 basis points and to change the stance to neutral.
The final leg of this disinflation journey may be tough, says RBI governor Shaktikanta Das
GDP growth for the current financial year 2024-25 is projected at 7%
Central bank’s statistical model expects retail inflation to moderate to 4.8% in FY25 from 5.3% in FY24
The MPC decided by a majority of 5 out of 6 members to remain focused on the 'withdrawal of accommodation'.
Core inflation softened to 4.9% during July-August 2023.
Indian oil majors, which turned profitable in the summer last year, are in a position to reduce domestic prices, says MPC member Ashima Goyal
While SBI Research economist says Q1 FY24 is estimated at 8.3%, ICRA projects YoY growth to improve to 8.5%
The MPC maintained the status quo on the key policy rate for the third consecutive time.
RBI monetary policy committee's stance to remain focused on 'withdrawal of accommodation' is becoming more and more disconnected from reality, says Jayanth R Varma