Page-6 of Inflation
RBI Cuts Repo Rate
The Reserve Bank of India (RBI) in its monetary policy review undertaken by the Monetary Policy Committee (MPC) has made the following decisions: RBI cuts repo rate to 5.4% from the current 5.75%. Reverse repo rate under liquidity adjustment facility stands ..
Monetary Policy tweaks by RBI
The Reserve Bank of India (RBI) reduced the interest rate by 35 basis point (0.35%). This is the fourth successive reduction in the repo rate. What is the repo rate? The repo rate is the rate at which the RBI ..
US Federal Reserve’s Rate Cut: Impact on India
The United States Federal Reserve has announced a quarter-percentage-point cut in interest rates. This was the first-rate cut in 11 years- the first since the global financial crisis broke in 2008. The rate cut marked a departure from the hawkish rate-hike ..
Sovereign bonds: Risks and Rewards
In the budget, the government has proposed to raise a part of its gross borrowing in external markets in external currencies by issuing sovereign bonds. Under the programme, both the initial loan amount and the final payment will be in ..
WPI Inflation in India
As per the data released on 15th July, it was observed that the Wholesale price-based inflation (WPI) declined for the second consecutive month to its 23-month low of 2.02 % in June. What has happened? The WPI index declined to ..
World Bank releases its latest report on “South Asia Economic Focus, Exports Wanted”
As per latest report on “South Asia Economic Focus, Exports Wanted” by World Bank (WB), India’s GDP growth is expected to accelerate moderately to 7.5% in FY 20 (2019-20) and will be driven by continued investment strengthening, particularly private-improved export ..
RBI cuts its repo rate under Liquidity Adjustment Facility (LAF) by 25 basis points to 6.0%
The Reserve Bank of India (RBI) has cut its repo rate under Liquidity Adjustment Facility (LAF) by 25 basis points to 6.0% in its first bi-monthly policy statement of the current financial year FY20, with immediate effect. The move will ..
Retail inflation increases to 2.57% in February 2019
The Central Statistical Office (CSO) has released the data of Inflation for the month of February 2019. The data shows that: Retail inflation was at a four-month high of 2.57 per cent in February 2019 due to costlier food articles. ..