INFLATION TARGETING POLICIES
RBI Monetary Policy: CLSA's Indranil Sengupta expects RBI to hike reverse repo rate by 15 bps
Speaking to ET NOW, Indranil Sengupta, Economist and Head of Research, CLSA India says he expects RBI to hike reverse repo rate by 15 bps and by 100bps over the entire fiscal. He says high oil prices will lead to more of capital outflows. He foresees 10 yea...
Macro check: Govt to frontload 60% of FY22 borrowings in first 6 months; inflation target kept unchanged
The government will borrow Rs 7.24 lakh crore in the first half of 2021-22 fiscal to meet resources to perk up the economy hit by coronavirus pandemic. According to the Budget for 2021-22, the government's gross borrowing was estimated at Rs 12.0...
Govt sets inflation target of 4% for next 5 years
The government has announced implementation of the inflation target for the next 5 years at 4% (+/- 2%) as set under the Monetary policy.Govt sets inflation target of 4% for next 5 years
Sensex zooms 578 pts, Nifty ends at 10,325 as RBI lowers inflation target
Sensex today surged 577 points to end at 33,597 after the RBI maintained the staus quo, kept the policy rate unchanged and lowered the inflation forecast. The BSE Sensex took off on a positive note at 33,289.96 and advanced to the day's high of 33,637.46 before ending at 33,59...
Government pegs inflation target at 4% for five years
Barely four days before the central bank's monetary policy update, the government set an annual inflation target of four per cent, plus or minus two percentage points, for the next five years.Government pegs inflation target at 4% for five years
Q4 inflation target of 5% achievable: Monetary policy committee
According to Monetary Policy Committee meeting, persistence of core inflation is a concern and Q4 inflation target of 5% is achievable.Q4 inflation target of 5% achievable: Monetary policy committee