Urging the Reserve Bank of India (RBI) to cut the interest rates and give an impetus to growth, the Union Commerce and Industry Minister Piyush Goyal has shared his opinion that food price inflation should not play a role in the apex bank’s interest rate decisions.

Union Commerce Minister Piyush Goyal on Thursday said the Reserve Bank of India (RBI) should cut interest rates and give an impetus to growth. Using food inflation, which restricted the RBI from any rate action for two years in the rate setting is a ...

Commerce Minister Piyush Goyal called on the Reserve Bank of India to reduce interest rates. Goyal argued that using interest rates to control food price inflation was ineffective. RBI Governor Shaktikanta Das cautioned against assuming a rate cut.

Union Commerce Minister Piyush Goyal on Thursday said the Reserve Bank of India (RBI) should cut interest rates and give an impetus to growth. Using food inflation, which restricted the RBI from any rate action for two years in the rate setting is a “flawed theory”,

Commerce Minister Piyush Goyal urges RBI to cut interest rates, calling food inflation irrelevant to rate setting. He argues for growth impetus and highlights India's economic potential.

Commerce and Industry Minister Piyush Goyal on Thursday asked the Reserve Bank of India (RBI) to cut repo rates.

Union Commerce Minister Piyush Goyal said inflation has been lowest under the Narendra Modi government since India’s independence and the figures will come down by December

Union Minister Piyush Goyal described the link between food inflation and interest rates as an 'absolutely flawed theory.'

Congress criticizes Piyush Goyal for suggesting RBI ignore food inflation in interest rate decisions, calling it insensitive.

Multiple consumer goods companies have alluded to a slowdown in demand, particularly in urban markets, which is reflected in their September quarter earnings performance as well.