Stay updated with the latest monetary-policy-committee-united-kingdom news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on monetary-policy-committee-united-kingdom topics.
New Delhi [India], October 19 (ANI): An additional policy rate cut is expected before the end of the year, alongside recent GST simplifications, indicating that peak fiscal consolidation is behind us. These factors, combined with domestic regulatory easing, are likely to foster a gradual recovery in credit demand, said a report by Goldman Sachs. "We expect an additional policy rate cut before year-end, and the recent GST simplification signals that peak fiscal consolidation is behind us. We exp ...Read More >
India formally adopted an inflation targeting (IT) framework in 2016, following the recommendations of the Urjit Patel Committee in 2014 and the subsequent Monetary Policy Framework Agreement of 2015 between the Government and the Reserve Bank of India. The idea of a Monetary Policy Committee (MPC) with an inflation-targeting mandate had already been put forward by the Financial Sector Legislative Reforms Commission (FSLRC) in 2013, chaired by Justice BN Srikrishna. Since its formal adoption in ...Read More >
MUMBAI: Two academics on the RBI's monetary policy committee -- Nagesh Kumar and Ram Singh -- called for shifting the policy stance to accommodative, citing subdued inflation and the need to support growth but governor Sanjay Malhotra said such a move would amount to giving "definitive forward guidance" on the next step, which he felt was inappropriate given global uncertainty.The minutes of the Sept 29-Oct 1 MPC meeting released by RBI on Wednesday showed that most members felt that a rate cut ...Read More >
New Delhi, Oct 2 (SocialNews.XYZ) Inflation in India during the current financial year and the next (FY26 and FY27) is expected to be much lower than the Reserve Bank of India's (RBI) projections, according to a report by the State Bank of India (SBI). The report argued that the central bank's approach should not be seen only as "monetary policy" but also as a broader "regulatory policy" that reflects India's unique economic conditions. SBI highlighted that several domestic factors are easing ...Read More >
NEW DELHI, Oct. 1 (Xinhua) -- The Indian central bank, Reserve Bank of India (RBI), on Wednesday announced several measures to help exporters. The RBI Governor Sanjay Malhotra, in his statement after the culmination of the bank's three-day Monetary Policy Committee deliberation, said the export sector remains a vital part of India's economy. "To further strengthen the sector and enhance ease of doing business, we shall extend the time period for repatriation from foreign currency accounts of I ...Read More >
New Delhi [India], October 1 (ANI): Reacting to the Monetary Policy Committee (MPC) decisions, financial sector experts noted that the overall tone of the policy appears to be growth-centric, with a slight tilt towards concerns over economic momentum, while expressing significant comfort on the inflation front."The overall tone appears to be growth-centric with a marginal tilt towards concern on growth, coupled with significant comfort on the inflation trajectory. The greater clarity on growth i ...Read More >
Mumbai Oct 1 (UNI) In a closely watched move, the Reserve Bank of India (RBI) has maintained status quo on its repo rate, keeping a neutral monetary policy stance even as global uncertainties, including higher US tariffs, weigh on the Indian economy. RBI Governor Sanjay Malhotra announced that the Monetary Policy Committee (MPC) voted unanimously to keep the repo rate steady at 5.5 percent, after lowering rates by 100 basis points earlier this year. ...Read More >
NEW DELHI, Oct. 1 (Xinhua) -- India's central banking institution, Reserve Bank of India, on Wednesday announced it has kept the repo rate unchanged at 5.5 percent. Repo rate is the rate at which the central bank lends money to commercial banks in the event of a shortfall of funds. "After a detailed assessment of the evolving macroeconomic and financial developments and the outlook, the Monetary Policy Committee voted unanimously to keep the policy repo rate under the liquidity adjustment faci ...Read More >
New Delhi: RBI governor Sanjay Malhotra on Wednesday cautioned that the US-imposed 50% tariffs on Indian exports will weigh on India's growth momentum, even as he expressed confidence in the economy's resilience. Presenting the monetary policy review, he said growth in the second half of FY2025-26 could decelerate due to global trade uncertainties, though domestic factors will cushion the impact. Tariff And Trade Risks Malhotra highlighted that 25% of the tariffs are 'reciprocal' while another ...Read More >
New Delhi: The Reserve Bank of India (RBI), on Wednesday, announced several measures to help exporters tide over challenges posed by the imposition of 50% tariffs by the US. These include reduced paperwork and compliance burden for small exporters and importers. "The export sector is a vital part of India's economy," RBI governor Sanjay Malhotra said while announcing steps to further strengthen the sector and enhance ease of doing business for traders. Extension of the time period for repatria ...Read More >
Mumbai (Maharashtra), October 1 (ANI): The Reserve Bank of India (RBI) on Wednesday revised its inflation target for the current financial year to 2.6 per cent, marking a significant moderation from earlier projections. In August policy as well, the inflation target was revised downwards to 3.1 per cent, down from 3.7 per cent projected in June. Announcing the decision, RBI Governor Sanjay Malhotra stated that the Monetary Policy Committee (MPC) observed that the overall inflation outlook has ...Read More >
MUMBAI, Oct 1 (Reuters) - The Reserve Bank of India (RBI) kept its key repo rate unchanged at 5.50% on Wednesday, in line with market expectations, as it evaluates the impact of earlier rate cuts and recent tax reductions amid global trade uncertainties. The central bank had cut the repo rate (INREPO=ECI), opens new tab by a total of 100 basis points in the first half of 2025, but paused at its previous meeting in August. The six-member rate-setting panel voted unanimously to keep the key repo ...Read More >
The rupee rose 3 paise to 88.72 against the US dollar, buoyed by falling crude oil prices and positive domestic equity markets, though FII outflows limited sharper gains. Markets are now awaiting the RBI's policy decision on Wednesday, amidst geopolitical tensions and the US imposing 100% tariffs on Indian branded drugs, with exemptions for US-based manufacturing. The rupee rose 3 paise to 88.72 against the US dollar in early trade on Tuesday on the back of a fall in crude oil prices and positi ...Read More >
MUMBAI (Reuters) -The Reserve Bank of India (RBI) kept its key repo rate unchanged at 5.50% on Wednesday, in line with market expectations, as it evaluates the impact of earlier rate cuts and recent tax reductions amid global trade uncertainties. The central bank had cut the repo rate by a total of 100 basis points in the first half of 2025, but paused at its previous meeting in August. The six-member rate-setting panel voted unanimously to keep the key repo rate at 5.50% and decided to contin ...Read More >
Mumbai (Maharashtra) [India], October 1 (ANI): Indian stock markets opened on a cautious note on Wednesday as investors awaited the policy announcement by Reserve Bank of India (RBI) Governor Sanjay Malhotra. The Nifty 50 index opened at 24,620.55, gaining 9.45 points or 0.04 per cent, while the BSE Sensex opened at 80,173.24, recording a marginal decline of 94.38 points or 0.12 per cent. Also Read | Tamil Nadu and Puducherry Weather Forecast: Meteorological Department Predicts Thunderstorm in ...Read More >
Mumbai, Oct 1 (PTI) The rupee recovered 5 paise to 88.75 against US dollar in early trade on Wednesday, ahead of the Reserve Bank of India's monetary policy decision. Forex traders said the Indian rupee traded in a narrow range after it closed at its lowest on Tuesday, driven primarily by persistent foreign fund outflows and mounting trade concerns. Moreover, investors are also awaiting the Monetary Policy Committee decision of the Reserve Bank of India (RBI) for further cues. At the interban ...Read More >
Mumbai (Maharashtra) [India], October 1 (ANI): Indian stock markets opened on a cautious note on Wednesday as investors awaited the policy announcement by Reserve Bank of India (RBI) Governor Sanjay Malhotra. The Nifty 50 index opened at 24,620.55, gaining 9.45 points or 0.04 per cent, while the BSE Sensex opened at 80,173.24, recording a marginal decline of 94.38 points or 0.12 per cent. Market experts said investors were largely in a wait-and-watch mode ahead of the outcome of the RBI's Mone ...Read More >
New Delhi: The Reserve Bank of India (RBI) is expected to maintain the policy rate unchanged in the current Monetary Policy Committee (MPC) meeting, with a rate cut of 25 basis points (bps) being seen as a positive surprise, according to Bank of Baroda Economist Sonal Badhan. Speaking on the possible impact of such a move with ANI, Badhan noted that even if the RBI goes ahead with a 25 bps cut in October, the GDP forecast for FY26 is unlikely to see any revision. "Even if RBI decides to cut rat ...Read More >
New Delhi [India], September 30 (ANI): The Reserve Bank of India (RBI) is expected to maintain the policy rate unchanged in the current Monetary Policy Committee (MPC) meeting, with a rate cut of 25 basis points (bps) being seen as a positive surprise, according to Bank of Baroda Economist Sonal Badhan. Speaking on the possible impact of such a move with ANI, Badhan noted that even if the RBI goes ahead with a 25 bps cut in October, the GDP forecast for FY26 is unlikely to see any revision. "E ...Read More >
New Delhi: Global rating agency Crisil on Monday projected India's gross domestic product (GDP) to grow 6.5 per cent this fiscal, amid rising private consumption and tax reforms. Rising private consumption should support industrial production. "So far, a copious monsoon, robust kharif sowing and benign inflation have supported the rural economy. The impact of excess rains on agriculture output will be monitorable. The urban economy will get a leg-up from lower lending rates, income tax relief ...Read More >
Mumbai, Sep 29 (PTI) Rupee consolidated in a narrow range and settled for the day lower by 3 paise at 88.75 against the US dollar on Monday, on persistent foreign capital outflows and rise in risk-off sentiments. Forex traders said rupee is hovering near its all-time low level as investors remained concerned over global trade uncertainties and impact of US visa fee hike on India's IT services exports. Moreover, the Reserve Bank of India (RBI) policy meeting outcome on October 1, is expected to ...Read More >
Mumbai, Sep 29 (PTI) Rupee consolidated in a narrow range and settled for the day lower by 7 paise at its all-time closing low of 88.79 (provisional) against US dollar on Monday, on persistent foreign capital outflows and rise in risk-off sentiments. Forex traders said rupee is hovering near its all-time low level as investors remained concerned over global trade uncertainties and impact of US visa fee hike on India's IT services exports. Moreover, the Reserve Bank of India (RBI) policy meetin ...Read More >
NEW DELHI: The Reserve Bank of India (RBI) is expected to keep the repo rate unchanged at 5.50 per cent in its upcoming Monetary Policy Committee (MPC) meeting, a new report said on Monday. The central bank had last cut the repo rate by 50 basis points in June, while the August review saw the rate being held steady, according to a report by Bajaj Broking. The report said the RBI is likely to maintain the current rate as inflation remains low and manageable, but risks to growth are becoming mor ...Read More >
Mumbai, Sep 29 (PTI) The Reserve Bank's Monetary Policy Committee began its three-day deliberations amid expectations of status quo on the key interest rate, but some experts think that the central bank may settle for a 25 bps cut. The decision of the RBI Governor Sanjay Malhotra-headed six-member rate-setting panel will be announced on Wednesday. The meeting is taking place against the backdrop of ongoing geopolitical tensions and the US imposing 50 per cent tariffs on Indian shipments. The R ...Read More >
New Delhi, Sep 29 (PTI) Homegrown Premier Energies on Monday announced securing multiple solar contract worth USD 19.95 million (around Rs 177 crore) Republic of Benin, West Africa. These projects are part of a national initiative by the Government of Benin to expand access to reliable, sustainable clean energy, Premier Energies said in a statement. Implementation will be carried out by Premier Energies in collaboration with the General Directorate of Energy Planning and Rural Electrification, ...Read More >
New Delhi: The Reserve Bank of India (RBI) is expected to keep the repo rate unchanged at 5.50 per cent in its upcoming Monetary Policy Committee (MPC) meeting, a new report said on Monday. The central bank had last cut the repo rate by 50 basis points in June, while the August review saw the rate being held steady, according to a report by Bajaj Broking. The report said the RBI is likely to maintain the current rate as inflation remains low and manageable, but risks to growth are becoming mor ...Read More >
New Delhi: The Reserve Bank of India (RBI) is expected to keep the repo rate unchanged at 5.50 per cent in its upcoming Monetary Policy Committee (MPC) meeting, a new report said on Monday. The central bank had last cut the repo rate by 50 basis points in June, while the August review saw the rate being held steady, according to a report by Bajaj Broking. The report said the RBI is likely to maintain the current rate as inflation remains low and manageable, but risks to growth are becoming more ...Read More >
Mumbai, Sep 29 (SocialNews.XYZ) The Indian equity indices opened higher on Monday with a rise in heavyweight stocks, as the key RBI MPC meeting began to decide on the repo rate. At 9.22 am, Sensex was up 108 points or 0.14 per cent at 80,534 and Nifty was up 30 points or 0.12 per cent at 24,685. Buying was seen in the midcap and smallcap stocks. Nifty midcap 100 index was up 302 points or 0.54 per cent at 56,680 and Nifty smallcap 100 index was up 90 points or 0.51 per cent at 17,651. Among t ...Read More >
Mumbai, Sep 29 (SocialNews.XYZ) The three-day Reserve Bank of India's Monetary Policy Committee (MPC) meeting, starting Monday, is widely expected to hold its key policy rate at 5.50 per cent. However, a surprise cut cannot be ruled out amid US trade tariffs and low inflation, according to analysts. The RBI has cut rates by 100 basis points since the start of the year. The MPC meeting is scheduled from September 29 to October 1, where the central bank is expected to review interest rates. Cur ...Read More >
Mumbai (Maharashtra) [India], September 29 (ANI): The Reserve Bank of India's Monetary Policy Committee (MPC) is expected to reduce the policy rates by 25 basis points (bps) in its policy announcement on Wednesday, according to a report by Union Bank of India. The report suggested that the downward trend in inflation has created room for such a move, and this cut is being seen as a "booster cut" from the RBI. Also Read | Dhanteras 2025 Rangoli Designs: Easy Rangoli Patterns, Colourful Designs ...Read More >
Stay updated with the latest None news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on None topics.