Central bank may not cut rate in the near term
Even when it improves, the expectation is one of slow, hesitant recovery, with the situation likely to worsen before it gets better
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An Monetary Policy Committee is not needed unless you want to decorate your central bank
There is no provision for extension of tenure of external members, and it is likely that the govt will appoint new ones
Official data released on Thursday showed that CPI for July rose 6.93 per cent year on year, up from 6.23 per cent in June
The members can come from diverse backgrounds such as finance, labour and economics, and must have a say in the entire interest-rate architecture
Policy rate pause and debt recast window make sense
Rate cut off the table for now; focus is on other measures to ease stress in system
The issue of financial stability in monetary policy has always been an unsettled issue, ever since the global financial crisis
Another rate cut will not help at this point
Reserve Bank of India's surveys of various economic indicators will be key inputs - specifically household inflation expectations - into the actual rate decision
While the economy battling with the pandemic shock needs support, inflation continues to remain above the central bank's target band
The MPC, headed by RBI Governor, is scheduled to meet for three days beginning August 4 and announce its decision on August 6
She said there could be various models to achieve minimum four PSUs in case of those falling under the strategic sector
The Monetary Policy Committee (MPC), headed by the RBI Governor, is scheduled to meet for three days beginning August 4 and will announce its decision on August 6
RBI should guard against risks to financial stability
The Monetary Policy Committee (MPC), headed by RBI Governor, is scheduled to meet for three days beginning August 4
This will also mean that Saggar will be included the six-member monetary policy committee (MPC) as an internal RBI member.
Quality of numbers could affect economic policy response