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New Delhi: The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) could consider a rate cut in February if food inflation declines in January, according to a report by ICICI Bank.The report emphasized that a deceleration in food prices may strengthen the case for easing policy rates to support economic growth. It said, “Expected…
New Delhi: S&P Global Ratings on Tuesday projected 6.8 per cent growth for the Indian economy in FY25, followed by 6.9 per cent growth in FY26, on the back of strong urban consumption, steady service sector growth, and ongoing investment in infrastructure. The growth projection by S&P Global Ratings is higher than the latest Reserve…
New Delhi: The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) meeting to determine the policy rate in the country commenced today in Mumbai. Chaired by RBI Governor Shaktikanta Das, the three-day meeting will run from December 4 to December 6, with the Governor announcing the policy decisions on Friday, December 6. This…
SBI Report: The Reserve Bank of India (RBI) is expected to keep policy rates unchanged in the upcoming Monetary Policy Committee (MPC) meeting scheduled from December 4 to December 6, according to a report by the State Bank of India (SBI). The report highlighted that the headline inflation continues to remain at uncomfortable levels, making…
New Delhi: The Reserve Bank of India (RBI) is expected to maintain its policy rate during its upcoming meeting next week, as GDP growth slowed significantly in the second quarter of FY25. However, the likelihood of a rate cut in February has increased, according to a report by HDFC Bank. The country’s GDP growth for…
Mumbai: Domestic stock markets are expected react, when it opens on Monday,to the recent election outcomes in Jharkhand and Maharashtra as well as domestic macroeconomic data and foreign Institutional fund flows, according to the market analysts. The market analysts say that the bi-monthly Monetary Policy Committee (MPC) which will take place in the first week…
New Delhi: The soaring figures of retail inflation in September could force the Reserve Bank of India (RBI) to continue with neutral stance for a longer duration, stated SBI research, adding that “first rate cut could be based on growth, and need not be inflation. “The research stated on the rationale that if inflation remains…
Mumbai: The Reserve Bank of India (RBI) is likely to keep the key interest unchanged at 6.5 per cent on Thursday, and wait for more macroeconomic data before taking a call on a rate cut in line with expectations, experts said. The US Federal Reserve has decided to maintain a status quo on its interest…