Monetary Policy
Recent Highlights
All Stories for Monetary Policy
Recoveries on a Rollercoaster: How steady hands and smart policy response steered India's economic recovery out of Covid troughs
Karan Bhasin •India managed a policy response that has led to both a fast revival of economic growth and at the same time ensure that this growth is largely sustainable in nature
RBI keeps policy rate unchanged after six consecutive meetings; cuts growth forecast to 9.5%
•MPC decided to maintain the status quo, that is keeping benchmark repurchase (repo) rate at 4%. Consequently, the reverse repo rate will also continue to earn 3.35% interest for banks
RBI keeps interest rates unchanged as economy faces threat amid growing COVID-19 cases
•RBI governor Shaktikanta Das said the Monetary Policy Committee kept its estimate for economic growth unchanged at 10.5 percent for the current fiscal
Sensex climbs 300 points after RBI policy outcome; Nestle India, Bharti Airtel among top gainers
•RBI Governor Shaktikanta Das said the Monetary Policy Committee kept its estimate for economic growth unchanged at 10.5 percent for the current fiscal
RBI says economy to contract at 7.5% for FY21; keeps repo rate unchanged at 4% in accommodative stance
•The central bank, which had previously expected the economy to shrink 9.5 percent in the year to March, revised its forecast after a shallower-than-expected decline in GDP in the July-September quarter
Nirmala Sitharaman's first COVID-19 stimulus sheds moral baggage for morale booster, but fiscal puzzles remain
Narayanan Madhavan •There is plenty to celebrate for MSMEs and other entities covered under Nirmala Sitharaman's first package of details to flesh out Prime Minister Narendra Modi's Rs 20-lakh-crore stimulus
As Moneycontrol Pro turns 1, here's a note to readers from the Opinion Team
Moneycontrol •On the occasion of Moneycontrol Pro’s 1st Anniversary, as a token of gratitude to its readers, Pro has introduced a range of exciting exclusive benefits worth Rs 20,000 for existing users.
Stock market gains alongside economic pain driven by massive boost from Fed; some worry about over-optimism
•The US stock market has changed its mood swiftly since 23 March—when the S&P 500 dropped as much as 35 percent below its 19 February peak.
Wall Street dazed and confused after worst day since 1987; coronavirus pandemic sparks fear of global recession
•The suspension of professional sports games, cancelled conventions and half-empty restaurants has raised fears—not about whether the longest US economic expansion on record is ending—but about how deep a now presumed recession will be.
Gold edges up after a sharp drop in the previous session as US warning heightens coronavirus concerns
•Spot gold was up 0.3 percent at $1,639.74 per ounce, having slumped as much as 1.9 percent in the previous session.