Page 10 - Monetary Policy

Forex has helped avert a currency run, but continuous inflow has its risks

At a time when India is facing stagflation, its forex reserves have helped avert a currency crisis, but there are unintended consequences of accumulating forex. Manojit Saha explains the risks

Some bright spots

There are still a number of risks to durable economic recovery

Best of BS Opinion: Rising inflation risk, Centre's GTR in 2020-21 & more

Here are the best of Business Standard's opinion pieces for Tuesday

Rising inflation risk

Ignoring it for long could increase longer-term costs

Best of BS Opinion: Seal a tax deal, the road ahead for SBI, and more

Here are the best of Business Standard's opinion pieces for Monday

Best of BS Opinion: Sub-African India, RBI monetary policy, and more

Here are the best of Business Standard's opinion pieces for Saturday

Monetary policy: RBI keeps rates unchanged, cuts growth forecast

Repo rate stays at 4%, stance accommodative; Central bank to buy Rs 1.2 trillion of bonds in Q2

Indices cap weekly gains as RBI lowers growth outlook: Nestle falls 1%

Lacklustre global cues and a weak rupee also soured risk appetite, traders said

A monetary policy of continuity with change

This time, RBI's rate-setting body is not only talking about sustaining growth but also reviving it

Continuing to lend a calming hand, RBI has its job cut out from here on

With inflation pressures likely to remain intact, the other critical input for the RBI will be the global monetary policy conditions, especially in the US

Best of BS Opinion: Distant thunder in world economy, rocket rupee & more

Here are the best of Business Standard's opinion pieces for Monday

MPC, macro data, Covid-19 to dictate market trends this week: Analysts

The MPC's interest rate decision, a host of macroeconomic data announcements, Covid-19 trends and global factors would be the major highlights in the equity market this week, analysts said

Size of RBI's balance sheet up 6.99% for nine months to March 2021

The size of the Reserve Bank's balance sheet, which is reflective of activities carried out by it in pursuance of currency issue function as well as monetary policy

Fiscal vs monetary policy, under uncertainty

Heightened uncertainty from a second wave is likely to increase the relative efficacy of fiscal vis-a-vis monetary policy

Mix of fiscal, monetary policies to mitigate economic downturn: RBI study

RBI study saying demand side channel needs to be complemented with a conducive monetary transmission mechanism from the supply side.

RBI in Impossible Trinity but ready with reserves, say economists

The RBI cannot have an independent monetary policy (setting domestic interest rates) in an environment of an open capital account and flexible exchange rates, they say

Fresh, tailor-made stimulus package needed to fight second Covid wave

The impact of restrictions will be felt on retail loans-banks as well as NBFCs and HFCs

Sudden movement of the rupee is not a reason to panic, say currency dealers

According to them, a correction was overdue for the rupee that remained the best performing currency in the region for well over a month

Losing currency: Rupee sinks as monetary policy triggers carry unwinding

The rupee closed at 74.56 to a dollar - the lowest since November 13, 2020. The intraday fall is the steepest since the August 2019 levels

Market impact of positives from the MPC meet may be seen with a lag

Overall RBI monetary policy was on expected lines and the policy statement highlighted its commitment to do whatever it takes to ensure financial stability