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Welcome To IANS Live - BUSINESS - RBI cuts growth forecast for FY22 to 9.5%

Amid the severe second wave of Covid-19 and the lockdowns across states, the RBI has sharply reduced the growth estimate for the April-June quarter to 18.5 per cent. The previous estimate for the period was 26.2 per cent.The ....

Dakul Seth , News Service , India Private , Reserve Bank , All Rights , செய்தி சேவை , இந்தியா ப்ரைவேட் , இருப்பு வங்கி , அனைத்தும் உரிமைகள் ,

Monetary policy must remain accommodative - The Hindu BusinessLine


Monetary policy must remain accommodative
×
As the space for fiscal stimulus is limited, monetary policy needs to play a critical role until the growth outlook improves
With the Covid second wave refuelling uncertainty about the economic outlook, the Monetary Policy Committee (MPC) is expected to remain cautious, and extend the status quo on the key repo rate, as well as the accommodative stance in its second review for FY22. Also, it may modestly revise its CPI projections up, while cutting its growth forecast for FY22.
Since the last policy review, the CPI inflation has recorded a base-effect led dip to 4.3 per cent in April 2021. The GDP grew by a tepid 1.6 per cent in Q4 FY21, resulting in a full-year contraction of 7.3 per cent in FY21. ....

National Small Savings Fund , Food Corporation Of India , Monetary Policy Committee , Central Government , Revised Estimate , Food Corporation , Chief Economist , Monetary Policy , Fiscal Policy , Tax Revenue , Fiscal Deficit , தேசிய சிறிய சேமிப்பு நிதி , உணவு நிறுவனம் ஆஃப் இந்தியா , பண பாலிஸீ குழு , மைய அரசு , உணவு நிறுவனம் , தலைமை பொருளாதார நிபுணர் , பண பாலிஸீ , நிதி பாலிஸீ , வரி வருவாய் , நிதி பற்றாக்குறை ,

Strong earnings, dovish Fed drive FTSE 100 higher


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Smith+Nephew jumps on reinstating 2021 outlook
Unilever rises on upbeat sales forecast
FTSE 100 up 0.6%, FTSE 250 adds 0.2%
April 29 (Reuters) - London s FTSE 100 climbed on Thursday
supported by an accommodative policy stance by the U.S. Fed,
while positive earnings updates from companies including
Smith+Nephew and Unilever helped the blue-chip index surge past
the 7,000 mark.
The index rose 0.6% to 7,002.30, with medical
products maker Smith+Nephew jumping 5.3% after it
reinstated its 2021 outlook.
The FTSE 100 was further supported by Unilever, ....

United Kingdom , City Of , Shounak Dasgupta , Sebastien Galy , Devik Jain , Joe Biden , President Joe Biden , Nordea Asset , Standard Chartered , Standard Chartered Plc Stock Exchange , Press Release , Elped Stan Gb0004082847 , ஒன்றுபட்டது கிஂக்டம் , நகரம் ஆஃப் , ஷ்ௌுனாக் தாஸ்குப்தா , டேவிட் ஜெயின் , ஓஹோ பிடென் , ப்ரெஸிடெஂட் ஓஹோ பிடென் , தரநிலை பட்டய ,