AA Edit | RBI is noncommittal but rate cut hope on horizon

The tone of the monetary policy remained balanced yet non-committal, with no change in stance, stressing on inflation-fighting credibility

AA Edit | Sweet relief for borrowers

The RBI is likely to support economic growth, while keeping all options open to arrest inflationary expectations

Apart from the current inflationary scenario, India also faces the risk of heatwaves that could impact food production and prices

The MPC statement shows that inflation remains an issue of concern, something that the FM refused to take into account in her Budget

The central bank observed that inflation — excluding vegetables — has been rising well above the upper tolerance band

The RBI governor’s post-policy meeting comments hint that the central government remains focused on inflation

Policy normalization is set to commence in April with a stance change and reverse repo hike

It was 5.59 per cent in July but had stood at a high 6.69 per cent in August 2020, the government data showed on Monday

Zomato's market cap fell below the Rs 1-lakh crore mark to Rs 99,633.78 crore as the stock suffered its first major post listing volatility

MPC may shrug off inflation build-up