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Inflationary pressures could get worse, warns Pronab Sen

"If the information that we are getting from rural areas is any indication, we may start seeing consumer price inflation starting to inch northwards," said the former Planning Commission member. ....

Pronab Senregarding , Planning Commission , Pronab Sen , Monetary Policy , திட்டமிடல் தரகு , ப்ரோணப் சென் , பண பாலிஸீ ,

RBI monetary policy: RBI keeps policy rate unchanged at 4%, maintains accommodative stance; cuts FY22 GDP forecast to 9.5% from 10.5%


NEW DELHI: The six-member RBI monetary policy committee (MPC) on Friday kept the policy rate unchanged at 4 per cent and maintained an accommodative stance, largely in line with Dalal Street expectations. The reverse repo rate remained unchanged at 3.35 per cent.
The decision came amid a cut in FY22 GDP growth forecast by the RBI to 9.5 per cent from 10.5 per cent earlier.
“Tough times call for tough decisions. I am convinced as we stretch out to bring the virus under control it will bring the best out of us,” Governor Shaktikanta Das said.
The BSE Sensex, which was trading 100 points higher before the RBI meet, fell following the GDP forecast. The 30-pack index was ruling at 52,152, down 80 points. The NSE NIfty50 was quoting at 15,666.05, down 0.15 per cent. ....

Shaktikanta Das , Dalal Street , Rbi Monetary Policy , Rbi Monetary Policy Committee , Sbi Research , தலால் தெரு , ர்பீ பண பாலிஸீ , ர்பீ பண பாலிஸீ குழு , ஸ்பி ஆராய்ச்சி ,