INSUBCONTINENT EXCLUSIVE:
RBI MPC Meet Preview: According to economists, the repo rate is likely to be unchangedThe Reserve Bank of India (RBI) Governor Shaktikanata
Das-led Monetary Policy Committee (MPC) began its three-day deliberations on Wednesday, June 2, as economists and rating agencies expect the
maintenance of status quo on benchmark rates, amid the severity of the second wave of the COVID-19 pandemic
He expects that the inflation rate may remain close to the upper bound target of six per cent in the near term
in the January-March quarter of the financial year 2020-21 brings optimism on the recovery front, however, the growth in the fourth quarter
was largely due to low base effect
During the March quarter, all major sectors registered growth, including the manufacturing and construction sectors that picked up a faster
increase in consumer prices as determined by the consumer price index (CPI)
