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India MPC Member JR Varma Asks RBI to Talk Clearly for Greater Good

India rate setter asks RBI to talk clearly for greater good

An outspoken member in India s rate setting body has criticized the central bank of being non transparent about its policy intent and confusing the pu.

India's Economy Seen Losing Speed as Rising Rates Hurt Demand

Economists are projecting growth of 6.9% for the fiscal year from April 2022 to March 2023 - a tad below the government's prior 7% estimate and slightly higher than the International Monetary Fund's 6.8% projection.

Excessive hikes risk to India's growth, jobs: RBI

By Anup Roy While India isn’t at risk of a recession due to rising borrowing costs, excessive monetary tightening can expose the economy to below-potential growth that can cripple job creation and productivity, warns a rate-setter. “What I am worried about is sub-par growth after two lost years,” Jayanth Rama Varma, a member of the Reserve Bank of India’s rate panel, said in

Excessive hikes a risk to India's growth, jobs: RBI rate panel member

While India isn’t at risk of a recession due to rising borrowing costs, excessive monetary tightening can expose the economy to below-potential growth that