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RBI’s decision to maintain status quo on policy rates indicates guarded approach: CII

Confederation of Indian Industry, CII today said RBI’s decision to maintain the status quo on policy rates indicates a guarded approach towards monetary easing to restrain inflationary expectations. Reacting to the decision, Director General of CII Chandrajit Banerjee said the policy of front load...


Fall in Crude, commodity prices best chance to curb inflation: Rajan

RBI Governor Raghuram Rajan today said that India must take advantage of a continuing plunge in crude oil and other commodity prices to sustainably choke inflation. Addressing the customary post-policy conference call with analysts in Mumbai today, Dr. Rajan said it is the best time to bring down in...


RBI, Govt reach broad consensus on MPC composition: Raghuram Rajan

RBI governor Dr. Raghuram Rajan has said that the apex bank and the government have reached a broad consensus on the structure and composition of Monetary Policy Committee, MPC.Addressing a press conference after announcing the third Bi-monthly Monetary Policy in Mumbai today, Mr. Rajan sa...


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