[ad_1] Consumer goods firms and auto companies are witnessing an upturn in rural demand, which had been lagging for most of FY24. Expectations of a bumper rabi crop harvest have helped turn the tide. The Reserve Bank of India’s (RBI’s) Monetary Policy Committee kept the repo rate unchanged last week, noting that as … Read more
[ad_1] The six-member Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) is expected to keep both the policy repo rate and the stance unchanged in the first policy review of 2024-25, all the 10 respondents said in a Business Standard poll. The RBI will announce the review of the policy … Read more
[ad_1] As the minutes showed, RBI Governor Shaktikanta Das said “At this juncture, monetary policy must remain vigilant and not assume that our job on the inflation front is over.” Most of the six members of the Reserve Bank of India’s (RBI’s) monetary policy committee (MPC), in the February review meeting on credit policy, … Read more