The Governor-designate of the Reserve Bank of India will need to tread a fine line on the question of monetary-fiscal policy coordination to arrive at an optimal balance that favours India’s economy
2 min read10 Dec 2024By not deviating from its inflation focus, India’s central bank showed that it’ll go by what the economy needs and not what the government may want. That’s how it should be.
4 min read8 Dec 2024A rate pivot seems round the corner and the sequencing has been cogent. Reserve Bank of India (RBI) changed stance in October. Now it has cut the cash reserve ratio (CRR). Logically, February should see a repo rate cut, provided inflation looks acceptable.
1 min read6 Dec 2024RBI Monetary Policy: The three-day RBI MPC meeting, which began on December 4, concluded today.
3 min read6 Dec 2024RBI MPC Meeting: For the December meeting, D-Street experts are divided on whether the rate-setting panel will maintain its stance on the key interest rates or go for its first policy reduction since February 2023.
5 min read5 Dec 2024RBI MPC Meeting begins today: RBI Governor Shaktikanta Das-led rate-setting panel began its three-day meeting on Wednesday, December 4, to decide on interest rates and its upcoming policy stance.
6 min read4 Dec 2024Monetary policy is best suited to deliver on price control, just as fiscal policy is most appropriate for spurring economic growth. India’s central bank must maintain its status quo on interest rates for now, even if it uses other tools to ease liquidity conditions.
3 min read4 Dec 2024The Reserve Bank of India shifted its policy stance to neutral in October. Now it should use open market operations to buy bonds and ease liquidity conditions, before going for a rate cut in the first half of 2025.
4 min read3 Dec 2024Goldman Sachs forecasts India’s GDP growth will decelerate to 6.3% in 2025 due to fiscal consolidation and slower credit growth. Despite this, the Indian economy is expected to remain insulated from global shocks, with modest interest rate cuts anticipated from the RBI.
2 min read22 Nov 2024In the Indian context, headline inflation is a better yardstick of the impact of prices on people’s well-being than some truncated construct. The Reserve Bank of India has good reason to stick to the price gauge it had been using as a guide for monetary policy
3 min read21 Nov 2024The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared