Section

MPC more confident about inflation aligning to 4% target by next year: minutes

By Livemint - 6 hours ago
Despite rising retail inflation, the central bank's panel is confident about reaching the 4% inflation target. The committee maintained the policy rate at 6.5% and shifted to a neutral stance, stressing that premature rate cuts could jeopardize economic gains.

Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.