RBI Monetary Policy Live Updates: Blame heat if Mint Street says no change

Posted on:
Key Points

Business Today Desk | Updated Apr 05, 2024, 8:02 AM IST RBI Monetary Policy live updates: RBI is likely to keep interest rates unchanged today, with chances of an early cut fading after the government warned of a coming heatwave and the economy grew faster than expected..

RBI Monetary Policy live updates: The timing of any easing has been complicated though by the threat of rising food prices and signs of strong demand in an economy growing close to 8%..

RBI Governor Shaktikanta Das has said he wouldnt consider easing until inflation settles around the 4% target on a sustainable basis, reducing the chances of an early cut...

You might be interested in

How monetary policy has pivoted to a more flexible interpretation of inflation-targeting regime

09, Apr, 23

Why did RBI pause its tightening streak? What would be its future course of action? Will it continue to pause, raise or lower the policy rates in the coming months? The recent pause can be attributed to a number of factors.

RBI to release monetary policy statement on Friday, pause in repo rate likely

05, Oct, 23

NEW DELHI: The Reserve Bank of India (RBI) will on Friday announce its bimonthly monetary policy statement which is closely watched by financial marke.

RBI may go in for 25 basis point interest rate hike in monetary policy meet next month, say experts

26, Mar, 23

The Monetary Policy Committee (MPC) of the Reserve Bank will be meeting for three days on April 3, 5 and 6 to take into account various domestic and global factors before coming out with the first bi-monthly monetary policy for fiscal 2023-24.

RBI forecasts retail inflation at 5.4% for 2023-24: Governor Das

06, Oct, 23

RBI governor Shaktikanta Das said the Monetary Policy Committee (MPC) unanimously decided to keep the repo rate unchanged at 6.5 per cent.

RBI MPC meet: Central bank maintains status quo, keeps repo rate unchanged at 6.5%

08, Feb, 24

The Monetary Policy Committee also decided by a 5:1 majority to remain focused on "withdrawal of accommodation."

Dead bat on a tricky pitch

07, Apr, 23

The Monetary Policy Committee (MPC) unanimously voted to keep the repurchase rate at 6.50%.

Monetary policy dangerously close to levels at which it can damage economy: MPC member Varma

22, Jun, 23

While the RBI kept the key short-term lending rate steady for the second time, the minutes showed there were differences among MPC members.

RBI's Das & Co with Arjuna's eyes had many arrows to tame India's wild inflation rate

26, Dec, 23

The year began with inflation at around 6.5 percent, which is higher than the Reserve Bank of India's (RBI) acceptable range of 2-6 percent. To tackle this issue, the RBI has taken significant steps to control rising inflationary pressures.

RBI monetary policy review meeting commences, another pause in repo rate likely

04, Oct, 23

India Business News: RBI typically conducts six bi-monthly meetings in a financial year, where it deliberates interest rates, money supply, inflation outlook, and various