RBI’s monetary policy is nearing an inflection point
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Sonal Varma
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The objective of the Reserve Bank of India’s (RBI’s) monetary policy committee (MPC) at the April meeting is straightforward: don’t rock the boat.
The second wave has increased the uncertainty around the near-term growth outlook as the peak in caseloads is not yet in sight. Rising infection cases will likely force more states to impose restrictions, disrupting economic normalization. Headline inflation looks likely to surprise 0.3-0.4 percentage points below the RBI’s projection for H1 CY2021, due to lower food prices. The output gap is still negative and the recovery has not yet been secured. Hence, all policy rates on hold and continuing with the accommodative stance appears the right strategy.
RBI may maintain status quo on rates due to jump in Covid infections: Experts
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Last Updated: Apr 04, 2021, 03:13 PM IST
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MUMBAI: A sudden surge in COVID-19 cases and the government s recent mandate asking the central bank to keep retail inflation around 4 per cent are likely to prompt the Reserve Bank to maintain status quo on policy rates at its first bi-monthly monetary policy review for the current fiscal, according to experts.
The Monetary Policy Committee (MPC), RBI s rate-setting panel, is also likely to maintain the policy stance accommodative at the next policy review to be unveiled on April 7, say experts.
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DGAP-News: MPC Energy Solutions further expands pipeline with three projects in Panama and Mexico
vom 15.03.2021, 11:00 Uhr
Bild: pixabay.com
MPC Energy Solutions further expands pipeline with three projects in Panama and Mexico
15.03.2021 / 11:00
Press release
MPC Energy Solutions further expands pipeline with three projects in Panama and Mexico
- Solar PV and wind farm projects with a total capacity of more than 140 MW secured by entering into exclusivity agreements in Panama and Mexico
- Initial IPO pipeline of 136 MW now expanded to a total of approximately 300 MW of operating, ready-to-build and development projects in Latin America and the Caribbean
- Further diversification of the pipeline regarding country-focus, technology and project status