CPI inflation Current Affairs, GK & News
RBI Monetary policy committee (MPC) Meeting- Highlights
The Monetary Policy Committee (MPC) held meeting on August 5, 2022. On the basis of assessment of current and evolving macroeconomic situation, MPC has decided to: Hike policy repo rate by 50 basis points, under liquidity adjustment facility (LAF). Repo rate now stands at 5.40%. Adjust Standing deposit facility (SDF) rate to 5.15%, marginal standing ..
Month: Current Affairs - August, 2022
Category: Economy & Banking Current Affairs - 2022
Topics: CPI inflation • Monetary Policy • Monetary Policy Committee (MPC) • Monetary policy of India • Repo Rate • Reserve Bank of India (RBI)
What are current trends in India’s GDP growth forecast?
Recently, India’s GDP Growth Forecast for current financial year was lowered to 7.2 percent by Morgan Stanley. It marked a reduction by 40 basis points, as compared to last forecast. Growth forecast was lowered in light of a slowdown in global growth. Trends in India’s GDP Growth: Morgan Stanley has also reduced the Growth Forecast ..
Month: Current Affairs - July, 2022
Category: Economy & Banking Current Affairs - 2022 • Reports & Indexes Current Affairs
Topics: CPI inflation • GDP growth • GDP Growth Rate • India's GDP Forecast • Morgan Stanley
Retail inflation in India in April
According to the data released by the National Statistical Office (NSO), retail inflation in April is 7.79%. Rural inflation surged to a near 8-year high of 8.38%, whereas urban inflation was at an 18-month high of 7.09%. What is inflation? Inflation is the general rise in the prices of goods and services in an economy. ..
Month: Current Affairs - May, 2022
Category: Economy & Banking Current Affairs - 2022
Topics: Consumer Price inflation • Core inflation • CPI inflation • Food Inflation • NSO
NSO Data on Retail Inflation and IIP
National Statistical Office (NSO) released its data on “retail inflation and Index of Industrial Production (IIP)” on October 12, 2021. Key facts As per IMF, India’s retail inflation relaxed in September 2021, reducing to a five-month low. This was because of favourable comparison with year 2020 and moderating food prices that offset an increase in ..
Month: Current Affairs - October, 2021
Category: Economy & Banking Current Affairs - 2022 • Reports & Indexes Current Affairs
Topics: CPI inflation • Index of industrial production • National Statistical Office (NSO) • NSO Data on IIP • NSO Data on Retail Inflation
RBI Monetary Policy Committee Announcements
Three-membered Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) maintained an accommodative stance and kept the repo rate unchanged at 4 per cent, in order to revive & sustain growth and reduce the impact of Covid-19 pandemic. Key points Monetary Policy Committee has also ensured that inflation remains within the target. Reverse ..
Month: Current Affairs - October, 2021
Category: Economy & Banking Current Affairs - 2022
Topics: Bi-monthly monetary policy • CPI inflation • Food Inflation • GDP forecast • RBI Monetary Policy Committee