Hiking interest rates to tame inflation not 'anti-national': Former RBI chief Raghuram Rajan : Rashtra News #Hiking #interest #rates #tame #inflation #antinational #RBI #chief #Raghuram #Rajan Former RBI governor Raghuram Rajan on Monday said the central bank will have to raise interest rates to tame inflation and the hikes need not be considered by politicians
After RBI s status quo, investors may continue to enhance duration across debt schemes with a view of softer rates and stable liquidity conditions going ahead
Moody's slashes 2022 India growth estimate to 9.1% : Rashtra News #Moodys #slashes #India #growth #estimate Highlights Moody's slashed India's growth estimate for the current year to 9.1%, from 9.5% It said high fuel and fertilizer import bill could limit the government's capital expenditure It said economic growth will suffer as fallout from Russia's invasion
The Reserve Bank of India (RBI) has indirectly eased policy rates through consistent liquidity injections, leading to a decline in the weighted average call rate (WACR) towards the benchmark repo rate. This trend reflects increased confidence in liquidity management strategies, supported by government spending and proactive RBI operations. Analysts suggest a shift towards containing inflation while maintaining stable borrowing costs.
Retail inflation in India eased to 5.10% in January, down from 5.69% in December. Inflation rates in rural and urban areas also decreased. While the retail inflation is within the RBI s comfort level, it remains above the ideal 4% scenario. Analysts believe that the RBI may hold interest rates steady until at least the June policy review, but if the trajectory persists, rate cuts may be implemented. The arrival of early harvest and a favorable base effect are expected to alleviate price pressures.