Wholesale inflation hits 4-month high at 2.36% in October
Food inflation drives surge as it has alone pushed the headline WPI print up by as much as 63 bps between September and October 2024
repo rate
November 2024
October 2024
September 2024
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Piyush Goyal calls for repo rate cut, questions food inflation's role in policy
Union Commerce Minister advocates for a repo rate cut, questioning the inclusion of food inflation in interest rate decisions, citing it as a demand-supply issue
MPC holds repo rate; changes policy stance to ‘neutral’
The change in stance provides flexibility to the MPC while enabling it to monitor the progress on disinflation which is still incomplete.
MPC meet: RBI likely to change 'stance' but continue rate cut pause until Dec
HSBC says some growth indicators are softening, though it may be rotation between sectors rather than a slowdown; core inflation remains low but food and fuel could fall
U.S. Fed aggressively cuts interest rate by 50 bps; will RBI follow suit?
Historical trends suggest that the Reserve Bank of India often aligns its policy direction with the U.S. Federal Reserve.
RBI prioritises inflation over growth; rate cut likely by Dec, say experts
The RBI maintains status quo for the 9th straight time, keeps repo rates unchanged at 6.5% and the MSF at 6.75%
MPC Meet: RBI maintains 'status quo' on repo rate; retains inflation, GDP forecast
RBI Governor Shaktikanta Das says MPC is committed to ensuring price stability, which results in a period of sustained growth
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.
Rate cuts in India are now off the table: Morgan Stanley
A strong growth trend domestically, driven by capex and productivity, implies that rates could be higher for longer, says Morgan Stanley
Get ready for global turbulence: Uday Kotak
Higher U.S. inflation will keep rates higher for longer worldwide including India, warns Uday Kotak.
