BS EDIT: Inflation surge complicates RBI's rate cut dilemma
Rising inflation and economic slowdown complicate RBI’s choices, hinting at the need for measures beyond rate cuts if growth remains weak
RBI rate cut in Feb may not be a done deal, say economists
Even as the high inflation figure for October has ruled out any possibility of a rate cut by the Reserve Bank of India's (RBI's) monetary policy committee (MPC) in December, a rate cut in February also looks uncertain due to global uncertainties.
Piyush Goyal says RBI should cut rates, look through food prices
Trade minister supports cutting interest rates to boost growth, suggesting RBI look beyond food prices in monetary policy decisions.
Opinion
Why hasn’t RBI cut policy rates despite its lack of control over food inflation?
It must tame general inflation as a priority, and prices can rise in interlinked ways. Also, India’s central bank must keep the asset-liability mismatch of commercial banks from worsening as households shift savings from deposits to equity stocks.
Why October inflation numbers may delay RBI interest rate cut
Retail inflation rose to a 14-month high of 6.2 per cent that month, partly driven by a 42 per cent rise in vegetable prices
Foreign banks diverge on RBI’s rate path as inflation hits 14-month high
Foreign banks speculate on RBI's rate stance for December MPC meeting amid rising inflation and slowing economic growth.
Inflation rises to 6.21% for October, breaches RBI’s target limit
The Consumer Price Index (CPI) inflation for October is recorded at 6.21 per cent on year-on-year basis. Corresponding inflation rates for rural and urban are 6.68 per cent and 5.62 per cent, respectively,
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Piyush Goyal wants RBI to cut interest rates. Shaktikanta Das responds
Union Minister Piyush Goyal described the link between food inflation and interest rates as an 'absolutely flawed theory.' ...
‘Absolutely flawed…’: RBI should boost growth with rate cut, says Union Minister Piyush Goyal; Governor Das responds
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MFIs reduce lending rates as RBI voices concerns
Several microfinance lenders in India have reduced their lending rates in recent months following regulatory scrutiny from ...