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RBI: ETMarkets Morning Podcast: RBI says 4% inflation target ideal


ETMarkets Morning Podcast (ET Online)
RBI says 4% inflation target ideal
07:07 Min | December 29, 2020, 9:02 AM IST
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Hi there! Welcome to ETMarkets Morning, the show about money, business and markets. I am Nandini Sanyal, and here is what we have to start your day.
Building materials stocks emerge new comeback kid
Future Retail urges Sebi to clear deal with RIL
RBI says 4% inflation target ideal
AND
And there is more. But first, a quick glance at the state of the markets..
Nifty futures on the Singapore Exchange traded 33.75 points higher at 7:45 am (IST), signalling a bounce ahead on Dalal Street. ....

United States , United Kingdom , Nitin Gadkari , Donald Trump , Elon Musk , Adar Poonawalla , Kumar Chaudhary , Nandini Sanyal , Greenply Industries , Delhi High Court , Supreme Industries , Indian Monetary Policy Committee , Serum Institute Of India , Singapore Exchange , Future Retail , Union Minister , South Korea , Hong Kong , Hang Seng , Shanghai Composite Index , Wall Street , President Donald Trump , Dalal Street , Prince Pipe , Somany Ceramics , Astral Poly Technik ,

4% inflation target is ideal as it matches average trend since 2014, says RBI paper


4% inflation target is ideal as it matches average trend since 2014, says RBI paper
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Synopsis
The real time estimate of trend inflation was around 5% till the end of 2013, while it fell steadily to 4.1% in the first quarter of 2019, before rising to breach the 6% upper tolerance limit during the last nine months due to COVID-19 pandemic-led disruptions.
Agencies
RBI projected CPI to be at 6.8% for the third quarter, 5.8% for the fourth quarter and 5.2-4.6% in the first half of next fiscal.
A 4% inflation target for the Indian Monetary Policy Committee is just ideal as it matches with the average trend inflation measured since 2014, a Reserve Bank of India research paper said. ....

Harendra Kumar Behera , Michael Debabrata Patra , Emkay Global Financial Services , Indian Monetary Policy Committee , Monetary Policy Committee , Reserve Bank , Kumar Behera , Policy Committee , Global Financial Services , ஹரேந்திரா குமார் பெஹெரா , மைக்கேல் தேவப்ரதா பத்ரா , எம்காய் உலகளாவிய நிதி சேவைகள் , இந்தியன் பண பாலிஸீ குழு , பண பாலிஸீ குழு , இருப்பு வங்கி , குமார் பெஹெரா , பாலிஸீ குழு , உலகளாவிய நிதி சேவைகள் ,