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RBI MPC: Growth rate could top 7% if oil prices fall further
The MPC members had voted for a status quo in the June policy, citing resilient growth and the need to assess inflation impact while stating that the MPC would closely monitor incoming data. The Reserve Bank of India has projected FY27 growth at 6.6% in the June policy, while the economy expanded at 7.7% in the January-March quarter, exceeding earlier estimates.
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economictimes.indiatimes.com
Lower oil prices open door for MPC to time policy normalisation: ICICI Research
Falling oil prices and easing geopolitical tensions have improved India's inflation outlook, giving the Monetary Policy Committee room to decide on policy normalization timing.…
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There are little signs of economy overheating: Saugata Bhattacharya
Falling crude oil prices might boost growth beyond central bank forecasts, potentially easing rate hike needs. However, supply chain disruptions and embedded input cost pressures…
