'Rate cut to be based on long-term inflation trajectory'
The Free Press Journal|September 17, 2024
MPC headed by the RBI Governor is scheduled to meet between October 7 and 9 and take call on interest rate
'Rate cut to be based on long-term inflation trajectory'

Reserve Bank of India (RBI) Governor Shaktikanta Das has said the decision on interest rate moderation will be based on long-term inflation trajectory and not monthly data.

The Monetary Policy Committee (MPC) headed by the RBI Governor is scheduled to meet between October 7 and 9 and take call on interest rate.

The RBI kept the repo rate unchanged at 6.5 per cent for the ninth time in a row amid risks from higher food inflation. In the August meeting, four of six MPC members voted in favour of the status quo.

هذه القصة مأخوذة من طبعة September 17, 2024 من The Free Press Journal.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة September 17, 2024 من The Free Press Journal.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

المزيد من القصص من THE FREE PRESS JOURNAL مشاهدة الكل
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Notice to Pak for review of Indus Water Treaty

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The Free Press Journal

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ICC delegation arrives in Karachi to review security for CT

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No distractions, just determination: Rohit
The Free Press Journal

No distractions, just determination: Rohit

India skipper Rohit Sharma has dismissed the need for a new strategy ahead of the upcoming series against Bangladesh, despite their recent 2-0 win over Pakistan and the presence of pacer Nahid Rana.

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Pakistan clinches bronze

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TITLE NO 5 FOR TEAM INDIA
The Free Press Journal

TITLE NO 5 FOR TEAM INDIA

AGAINST ALL ODDS: Jugraj delivers decisive goal helps Men in Blue to retain Asian title with 1-0 victory

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