New Delhi, April 21 (IANS) The Reserve Bank of India (RBI) is closely monitoring the fallout from the West Asia conflict and will not make firm commitments on the future path of interest rates, Governor Sanjay Malhotra has said, adding that prolonged supply disruptions risk embedding inflation into India’s broader price level.In his speech at Princeton University in the US, Malhotra said the ongoing conflict poses a direct threat to the Indian economy given the region’s outsized role in the coun…
Latest Monetary Policy Committee News & Updates
New Delhi, April 16 (IANS) India’s benchmark 10-year government bond yield could ease below the 7 per cent mark by June, even as near-term volatility persists due to global and domestic factors, a report said on Thursday.As per the analysis of Crisil Intelligence, bond yields witnessed significant volatility in March, driven by a sharp rise in crude oil prices and heightened geopolitical tensions, which pushed the benchmark yield to its highs for the current financial year.However, easing inflat…
Mumbai, April 9 (IANS) The Reserve Bank of India’s continued focus on boosting economic growth, along with its proposed regulatory changes for non-banking financial companies (NBFCs), is expected to bring greater strength and clarity to the sector, Rajesh Sharma, Managing Director of Capri Global Capital Limited said on Thursday.In an interaction with IANS, Sharma said that the RBI’s regulatory frameworks have historically brought transparency and stability, and the proposed changes for NBFC…
New Delhi, April 8 (IANS) The Reserve Bank of India’s decision to keep the repo rate unchanged at 5.25 per cent with a neutral stance reflected a balanced approach of controlling inflation and supporting economic growth, analysts said on Wednesday.Trade association ASSOCHAM appreciated the “calibrated step aimed at strengthening stability in the macroeconomic environment”, adding that it helps sustain growth momentum and ensure price stability.”This decision underscores the central bank’s ca…
Mumbai, April 8 (IANS) The Reserve Bank of India (RBI) on Wednesday projected the country’s inflation rate based on the Consumer Price Index (CPI) for 2026-27 at 4.6 per cent as the near-term food supply prospects have been boosted by a robust Rabi crop which provides some comfort amid rising oil prices in the international market due to the Iran war.RBI Governor Sanjaya Malhotra said, “The pass-through of higher global energy prices has resulted in price increases in select fuels such as pr…
New Delhi, April 8 (IANS) The Reserve Bank of India (RBI) on Wednesday kept the repo rate unchanged at 5.25 per cent, and maintaining the status quo in its latest Monetary Policy Committee (MPC) meeting.The Standing Deposit Facility (SDF) rate has been kept unchanged at 5 per cent, while the Marginal Standing Facility (MSF) rate remains at 5.50 per cent, RBI Governor Sanjay Malhotra said while announcing the MPC decision.The RBI Governor described 2025 as a challenging year, but noted that infla…
Mumbai, April 7 (IANS) Indian equity markets extended their winning streak for a fourth straight session, supported by late buying interest that lifted benchmark indices higher by the close.The Nifty ended the day up 0.68 per cent, gaining 155.40 points to settle at 23,123.65. Meanwhile, the Sensex rose 0.69 per cent, or 507.73 points, to close at 74,616.58.“Going ahead, continuation of this momentum may push the index towards the 23500-23600 resistance band, which remains a critical hurdle du…
New Delhi, April 6 (IANS) India’s strong fiscal position and robust foreign exchange reserves provide the Reserve Bank of India with more policy flexibility, Finance Minister Nirmala Sitharaman said on Monday.Addressing the golden jubilee celebrations of the National Institute of Public Finance and Policy, the Finance Minister said: “India has fiscal space with room to maintain the government’s capex programme, room for the RBI to cut rates and room to offer targeted support to affected sector…
New Delhi, April 6 (IANS) The Indian rupee opened 10 paise higher at 93 against the US dollar on Monday, as traders continued to unwind speculative positions in the offshore non-deliverable forwards (NDF) market.The domestic currency was trading at 93 per dollar in early trade, compared to its previous close of 93.10. Currency and fixed income markets remained closed on April 3 on account of Good Friday.The rupee has gained around 2 per cent over the past week following the Reserve Bank of India…
New Delhi, April 6 (IANS) The Reserve Bank of India’s three-day Monetary Policy Committee (MPC) meeting began on Monday, with analysts widely expecting the central bank to keep the repo rate unchanged amid heightened uncertainty due to the West Asia conflict.The meeting — scheduled from April 6 to April 8 — comes at a time when rising crude oil prices and global geopolitical tensions have clouded the inflation outlook.While the RBI is likely to maintain the status quo in the upcoming policy,…