Latest News on Growth Momentum
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Growth Momentum - Total results - 3
Feb 21, 2019
Weakening growth momentum, softening prices led to rate cut; loans to MSMEs shrink: RBIAt the 7 February bi-monthly monetary policy review, the MPC in a 4:2 vote, surprised markets with a 25 bps repo rate cut to 6.25 percent and also revised downwards its inflation outlook for next fiscal year.
Dec 31, 2018
Rupee's tumultuous year ends with 9% annual loss at 69.77; gains 18 paise on last trading session of 2018Forex traders, however, said fundamentals are supportive for the rupee over the next 6-12 months amid supportive growth momentum, robust forex reserves.
Dec 19, 2018
RBI's monetary policy committee sounds cautious on inflation, prefers to wait for more data to decide interest rate outlookIndia’s November headline inflation fell to its lowest in 17 months, to 2.33 percent, well below the RBI’s medium-term target of 4 percent.