INSUBCONTINENT EXCLUSIVE:
meeting, although budget incentives seeking to boost consumption may prompt the panel members setting the cost of funds to delay the cuts
until the next review.
About a third of the 25 participants in the exclusive ET survey on interest rates believe the Monetary Policy
Committee (MPC) of the Reserve Bank of India could slash rates by 25 basis points on February 7 itself, but the rest of the participants are
both increases and decreases
Doing so would give the RBI the flexibility to act on incoming data, according to Axis Bank chief economist Saugata Bhattacharya, who
believes Mint Road would defer an action on rates until the next conclave
spending and offered tax rebates
are among the eight survey participants that expect the RBI to decrease the repo, or the rate at which banks borrow from the central bank,
by at least 25 basis points
inflation is expected to remain low due to excess production
was at 275.68 million tonnes in 2017-18, about 10.64 million tonnes (or 4 per cent) more than what was produced in 2013-14, showed data from
the advanced economies to 1.6 per cent in 2020, down from 2.2 per cent in 2018.
