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With 3 new members in MPC, what to expect in RBI money policy on Oct 1
The central bank is likely to keep its accommodative stance intact and would ensure enough liquidity in the system through various measures.
Hide and seek over bond yield as inflation holds sway over interest rate
Even after RBI announced a series of measures, investors remain disi...
Demand shock in the making, warns BofA survey
BofA Securities said consumers are postponing discretionary consumption demand.
RBI seeks extension for Monetary Policy Committee members
The central bank has written to the Finance Ministry and the letter is under consideration, the officials said, asking not to be identified as the matter is not public. Three of the six-member Monetary Policy Committee are external representatives and their appointment is for a term of four years and they are ineligible for re-appointment, according to rules.
RBI policy, Q1 earnings, auto sales, dollar among key factors that may guide Dalal Street this week
Here are some of the key factors expected to move the market in the week ahead.
Is Rupee the new inflation-fighting tool? RBI quietly sends out a loaded message
In a note announcing the `Measures to Foster Orderly Market Conditions’, the central bank has slipped in a message that it is worried about inflation and it won’t hesitate to use measures other than interest rates to fight price pressures.
Govt spending preferable to cash handouts: Credit Suisse
Mishra, who is a part-time member of the Prime Minister’s Economic Advisory Council, also struck a cautionary and contrarian note on inflation and the need for a cash handout to boost demand.
How RBI aims to strengthen the inflation nowcasting
The inflation surprises in recent months have forced the central bank to hold back the policy tools for the time being given its mandate of keeping inflation within the upper tolerance band.
With its eyes on inflation, RBI may halt rate cuts for the foreseeable future
Retail inflation measured by the Consumer Price Index (CPI) rose to 6.93% in July on account of higher food prices, breaching the RBI's upper tolerance level of 6% for two consecutive months. The data for June was also revised upward to 6.23% from 6.09%.
Persistence of retail inflation beyond 6 per cent may lead to rise in interest rates: Report
The risks of stagflation have increased significantly for the Indian economy which may slow down the effectiveness of monetary and fiscal measures adopted by the central bank and government.
Buoyant stock markets will definitely correct: RBI governor
"There is so much liquidity in the system, in the global economy, that's why the stock market is very buoyant and it is definitely disconnected with the real economy," Das said.
MPC Minutes: Guv pins hopes on Bharat, Patra feels growth focus disproportionate
Das said robust agricultural production would not only have a salutary impact on rural demand but also should help to ease inflationary pressure from food prices.
View: A more explicit analysis of the impact of monetary policy on inflation is needed
With a cap on monetary income, any increase in the price of one commodity will be offset by the decline in the price of other commodities. For general price level to increase, we need to look beyond individual price formations.
RBI's Monetary Policy Committee meets next week amid urgency to revive growth
Experts are, however, divided over the possibility of another rate cut by the RBI in its forthcoming policy arguing that one-time loan restructuring was more essential at this juncture to tide over the COVID-19 situation.
Hopes of US stimulus, AGR verdict, Q1 earnings among 9 key factors guiding market this week
In the coming week, updates on another round of US stimulus, US-Sino tensions, AGR case hearing, Covid-19 infections and June quarter earnings from mid and small cap companies are likely to dictate the market direction.