Elephant of inflation returning to the forest: RBI governor
The strong growth momentum, together with our GDP projections for 2024-25, give us the policy space to unwaveringly focus on price stability, says Shaktikanta Das
The strong growth momentum, together with our GDP projections for 2024-25, give us the policy space to unwaveringly focus on price stability, says Shaktikanta Das
Why central banks such as RBI need to look at high prices charged by dominant firms instead of focusing on higher repo rates only.
India's economic activity remains resilient, says RBI governor Shaktikanta Das.
The decision to pause is for this meet only, says RBI governor Shaktikanta Das.
On the RBI's decision to keep monetary policy tight, Rajan says the apex bank has to do what it takes to not lose control of inflation.
Between Apr 2022 till Feb 2023, the spread between the Fed funds rate and the RBI's repo rate of cumulative increases has now declined to 192 bps, which has been constant since Dec 2022.
Economic Survey says India's strong macro fundamentals will underpin the return of global capital flows to the country once the "fog of uncertainty" lifts.
It is no secret that RBI is more worried about managing central government's mounting debt – up from 45.7% of the GDP in FY19 to 59.3% in FY21 – more than 90% of which is from internal sources.
Governor Shaktikanta Das has said that RBI will undertake a gradual, multi-year exercise to withdraw the ₹8.5 lakh crore liquidity overhang in the economy.
The central bank sharply increased its inflation projection to 5.7% in the financial year 2022-23 from its earlier forecast of 4.5%.