Web2 days ago · The indices extended gains for the eighth session in a row, as the RBI made a surprise decision of keeping the repo rate unchanged to assess the effects of the policy rate tightening so far. Meanwhile, retail inflation in India fell marginally but remained above RBI’s 6 per cent upper tolerance band for the second straight month in February 2024, with the … WebApr 5, 2024 · Listen to This Article. Finance ministry officials are of the view that the Reserve Bank of India (RBI) should prioritise bringing inflation down within the mandated range of …
Does RBI’s inflation band need a relook? - The Hindu BusinessLine
WebAug 5, 2024 · Inflation: RBI left the inflation forecast for the country unchanged at 6.7%. It now sees inflation for Q2 at 7.1%; Q3 at 6.4%; and Q4 at 5.8%. ... The path to the neutral interest rate is a two-part journey: first when inflation falls within the tolerance band and two, when it aligns with the (medium-term) target, ... WebDec 12, 2024 · The fall in inflation in November follows a similar drop in October, allowing it to fall below the 6 percent upper bound of the Reserve Bank of India's (RBI) 2-6 percent tolerance band for the ... ipcs84531
Retail Inflation Rises Further To 6.07% In February, Above RBI
WebApr 8, 2024 · RBI Monetary Policy: The Reserve Bank of India on Friday raised the retail inflation target for the current financial year to 5.7 per cent on the back of rising global … WebFeb 26, 2024 · “The current numerical framework for defining price stability, i.e., an inflation target of 4 % with a +/-2 % tolerance band, is appropriate for the next five years,” the RBI … http://www.uniindia.com/retail-inflation-in-mar-drops-to-5-66-pc-below-rbi-s-upper-band/business-economy/news/2951991.html open top freezer rack