Two newly appointed Monetary Policy Committee (MPC) members have rekindled the discussion started by the Economic Survey on excluding food inflation from the monetary policy framework.
Of the three external members of the rate-setting panel of the Reserve Bank of India, Nagesh Kumar and Ram Singh have argued in the December MPC minutes released last week that a high repo rate cannot bring down food prices. The latest GDP growth rate of 5.4% and a spike in food inflation to 6.2% in October seem to have unsettled the MPC's external members, who expressed views that sharply deviate from the August meeting's minutes.
Esta historia es de la edición December 25, 2024 de Mint Mumbai.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor ? Conectar
Esta historia es de la edición December 25, 2024 de Mint Mumbai.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor? Conectar
A Luxury Seven-seater Gets a Stylish Makeover
New tech features and exterior refinements enhance comfort in the Audi Q7 but some much-needed updates are missing
'Little potato' tourism heats up China's northeast
Social media, novels and dramas have helped draw attention to Harbin, a frigid city near the North Korea border
Bringing Past to the Present
A Mint guide to what's happening in and around your city
The good, the bad, and the uncertainty of the year ahead
What impact will the next US administration have on economic growth and inflation?
Three workplace trends have seen hype overtake the reality
Return-to-office, AI adoption and DEI dumping are all overhyped
People's perceptions of public policy: Keep them on the radar
Public policy needs to be viewed from the lens of those whose interests it is ostensibly designed to serve: the people of India
In 2025, India must play the role of peacemaker
The New Year has brought a grim reminder of terror as a threat even as war rages in West Asia, Europe and elsewhere. India must push for UN reforms, global principles and peace
Predictions for 2025: It's best to take them with a bucket of salt
It's super easy to make forecasts but the truth is that nobody really knows how things will turn out
This year will be about Agentic AI making big waves
2025 will be the year of AI agents. The first article in my troika of predictions for 2025 focused on how English will be the new coding language, AI (artificial intelligence) the new UI (user interface), AI and humans the new creators, and how AI will create a new kind of customer (bit.ly/4fB6XBm).
A 32-Year-Old's Journey From Modest to 10x SIP Investment
An early start, discipline have helped Navi Mumbai woman's portfolio to grow at 21% CAGR
