RBI MPC's 3-Day Meet To Start On December 6: What's Expected? RBI Governor Shaktikanta Das will unveil the decision of the six-member MPC on December 8 morning
The GDP growth is higher than the Reserve Bank of India (RBI) prediction of 6.5 percent. The surprise growth came in the backdrop of healthy domestic consumption and strong growth in the services sector
While the contents of the RBI s letter to the government after it failed in its mandate have not been made public, the central bank has previously said that two years is an appropriate time to lower inflation to four percent. We have perhaps reached the mid-point of that timeline
As of now, all eyes are on data, including the impact of the previous 250 basis-point hike, which is still working through the system as well as the monsoon-driven crop outlook.