Monetary Policy Committee

RBI projects 7% GDP growth for FY23, Inflation remain 6.7%

RBI projects 7% GDP growth for FY23: The Reserve Bank of India (RBI) has projected 7% real GDP growth for the Financial year 2023 (FY23). Inflation in India is predicted to remain 6.7%. As a result, RBI raised its policy...

RBI Repo Rate Hike by 50 bps to 5.9%: RBI Monetary Policy

RBI Repo Rate: The decision of RBI Governor Shaktikanta Das headed the six-member Monetary Policy Committee (MPC) has been announced. The Reserve Bank of India (RBI) has hiked the repo rate by 50 basis points to 5.90%, the fourth straight...

Rice, Wheat Push Up The Inflation

Rising prices of food articles and certain manufactured items pushed up inflation past the one per cent mark to 1.21 per cent for the week ended Sept 10 from 0.92 per cent in the previous week. While food commodity prices...

4th RBI Monetary Policy review: Repo rate raised by 50 bps

The Reserve Bank of India has retained its retail inflation forecast for the current fiscal year at 6.7 per cent. It has increased the policy repo rate under the liquidity adjustment facility (LAF) by 50 basis points to 5.40 per...