Inflation remains sticky and most G-10 central banks may in any case, continue with rate hikes; given India's resilient growth momentum, the MPC might increase the repo rate one final time
2022 will be remembered for a plethora of things but these 10 events will perhaps be on top of the list
25 bps raise likely in Feb, before RBI hits status quo button, feel experts
In a Q&A, she says the majority opinion is that the country has handled the turbulence well and can do so again, though the probability is low in the immediate future
MPC minutes show Das saying that in a tightening cycle, especially in a world of high uncertainty, giving out explicit forward guidance on the future path of monetary policy would be counterproductive
From Aditi Nayar the Chief Economist at ICRA to Mridul Saggar, professor of practice, IIM Kozhikode; formerly MPC Member and RBI ED, here is the full list of economists on BFSI panel
Tax outflows drive tightness; banks face pressure to raise deposit rates
This comes after RBI's monetary policy committee raised repo rate by 35 bps earlier this month to take it to 6.25%
MPC is said to have failed to achieve inflation target if average CPI inflation falls outside 2-6% range for three straight quarters. This was the case in the three quarters from Jan to Sept of 2022
Does sticky core inflation mean more rate hikes by RBI? Will a warm winter affect Indian farm output? Is it time to pick fixed-income securities? What is ELSS? Listen to this podcast to know
According to the RBI governor, persistent and sticky core inflation remains a cause for concern
Despite a repo rate increase on expected lines, equity markets edged lower as the governor rang alarm bells over sticky core inflation
As per the charts, SBI and DLF need to conquer the near resistances at Rs 620 and Rs 420, respectively, for fresh gains to emerge.
CLOSING BELL: The central bank increased repo rate by 35 basis points and lowered GDP growth forecast for FY23 to 6.8 per cent as it remained cautious of a sticky core inflation amid global turmoil
The RBI MPC cut down the Gross Domestic Product (GDP) growth projection for FY23 from 7 per cent in the September announcement to 6.8 per cent
Catch all the latest updates on the RBI's bi-monthly monetary policy announcement today
Feature will make payments easier for e-commerce and investments in securities
RBI governor Shaktikanta Das emphasises concerns on core inflation, says overall price momentum high
RBI Policy: After an initial rate hike of 40 basis points on May 4, the RBI has hiked the repo rate by 50 basis points thrice, on June 8, August 5 and September 30
Equity markets are in a consolidation mood now. The next triggers for the markets are RBI's policy outcome and the results of Gujarat polls. Find out how different outcomes sway markets