Diabytes
Monetary Policy Committee (MPC) News
)
The note said that inflation risks are being "overdone", and a cool-off in price rise will be one of "compelling factors" that will make the RBI cut rates.
)
RBI Deputy governor Viral B Acharya chipped in saying that addressing the twin balance sheets problem remains the RBI's top priority at the moment as this will help reinvigorate private investments.
)
Parekh further said that he agrees with the RBI's view that the implementation of the Goods and Services Tax (GST) was fairly smooth.
The government has taken note of the statement of the Monetary Policy Committee (MPC) and its assessment of the inflation and growth outlook, he added.
The decision to maintain the repo rate was taken by the six-member Monetary Policy Committee (MPC) headed by Patel. Four members of the panel voted in favour of reducing the key lending rate.
Loading...
 "Will Hindus get justice in Bengal's Murshidabad?")
 "DNA: Uproar over freebies in Delhi!")
 "DNA: AIMIM plans to field 2020 Delhi riots accused Shahrukh Pathan")
 "DNA: A report showing the reality of Bangladesh")
 "DNA: Power Theft Allegations Against SP MP Ziaur Rahman Barq")
 "DNA: Hot Tea Linked to Cancer Risk!")
 "DNA: Why Jordan Fears After Syria’s Coup?")
 "DNA: NSA Ajit Doval’s China Visit - Inside Story")
 "DNA: Gandhi Family Ruined My Career, says Mani Shankar Aiyar")
 "DNA: Ground Report- Tight Security Arrangements for Mahakumbh")
