Monday, March 17, 2025 | 06:53 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

RBI policy: Monsoon and spending pattern hold key for economic revival

The MPC's action has not surprised as CPI inflation for December left little room for a rate cut

Reserve Bank of India, RBI
Premium

Madan Sabnavis
There has not been any surprise in the Monetary Policy Committee (MPC) action as the 7.4 per cent CPI inflation number for December provided little scope for going for a rate cut this time. The commentary of the Reserve Bank of India (RBI) is, however, important as it also takes into account the impact of the Union Budget while handing out the decision and here it is positive.

Inflation is likely to remain high in Q4 and the 6.5 per cent number provided is indicative of the fact that even in the next policy, it would be tough to cut

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in