Key Points
Yes, that's what Governor Shaktikanta Das said in a post-policy meeting after keeping rates unchanged (with one vote for rate cut) for the 10th straight time but unanimously agreed to shift stance to neutral from focusing on withdrawal of accommodation...
What the Reserve Bank of India-led rate setting panel also decided is to remain unambiguously focused on a durable alignment of inflation with the target, while supporting growth..
Considering the balanced inflation and growth trends, Shaktikanta Das announced the MPC's stance shift..
Oil prices rose above $80 for the first time since August due to Middle East tensions . RBI governor Shaktikanta Das said RBI aims for a durable alignment of inflation with its target while supporting growth ..
The Indian government has implemented various measures to combat high food inflation, including selling vegetables and pulses at reduced prices, imposing stock limits, and restricting exports..
