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RBI MPC: India s policymakers see a Goldilocks scenario with a 4.5% inflation and 7% growth forecast for FY25, suggesting a balanced economy. The Reserve Bank of India s Monetary Policy Committee agrees on the need for caution amid uncertainties. While optimistic about growth, economists urge vigilance due to global headwinds. Nomura expects a cumulative 100 bps rate cut, while others predict a pause until H1FY25. ....
India s policymakers see a Goldilocks scenario with a 4.5% inflation and 7% growth forecast for FY25, suggesting a balanced economy. The Reserve Bank of India s Monetary Policy Committee agrees on the need for caution amid uncertainties. While optimistic about growth, economists urge vigilance due to global headwinds. Nomura expects a cumulative 100 bps rate cut, while others predict a pause until H1FY25. ....
Reserve Bank of India (RBI) Governor Shaktikanta Das, explaining the decision to maintain policy repo rates, stated that premature policy pivots could undermine the progress achieved so far. MPC member Jayanth Varma argued there is room for monetary easing without risking an inflation spiral, suggesting a rate cut and a shift in stance to neutral. ....
RBI economists, in a report released on Tuesday, rejected the IMF view that India’s debt-GDP ratio has the potential of shooting past 100 per cent if historical shocks materialise and hence the country needs to go cut government expenditure. ....
RBI economists, in a report released on Tuesday, rejected the IMF view that India's debt-GDP ratio has the potential of shooting past 100 per cent if historical shocks materialise and hence the country needs to go cut government expenditure.In . ....