Oct 04, 2016 12:08 PM IST
When the Reserve Bank of India (RBI) announces its monetary policy later in the day, investors, media and government officials will all train their eyes on a man who is, by all accounts, not fond of the spotlight.
- Oct 04, 2016 10:51 AM IST
The Monetary Policy Committee is billed as the biggest monetary reform measure in a generation.
- Sep 30, 2016 03:00 PM IST
"The MPC will meet on October 3 and 4, 2016 for the fourth bi-monthly monetary policy review for 2016-17. The resolution of the MPC will be placed on the website at 2.30 pm on October 4, 2016," the Reserve Bank said in a statement.
- Sep 30, 2016 02:53 PM IST
If the six-member monetary policy committee (MPC) is split over whether to hold or cut, Reserve Bank of India Governor Urjit Patel could end up exercising his casting vote.
- Sep 30, 2016 09:56 AM IST
"Monetary Policy Committee (MPC) constitution under the Reserve Bank of India Act, 1934, notified," the finance ministry said.
- Sep 22, 2016 04:45 PM IST
In an interview with CNBC-TV18, Ravindra Dholakia said that it is too premature to comment on issues without formal communication but on the growth front he added that good monsoon this year should boost growth going forward.
- Sep 19, 2016 10:39 AM IST
With inflation fairly under control Sanjay Dutt, Director of Quantum Securities believes the Reserve Bank of India would consider a rate cut of 25 basis points as early as October to boost growth.
- Aug 30, 2016 08:30 PM IST
Globally, India has been tested a lot on the appetite for reforms and the unanimous passage of the Goods and Services Tax (GST) Amendment Bill has amply answered that, said Finance Minister Arun Jaitley speaking at the 11th edition of CMBC-TV18's India Business Leader Awards.
- Jun 06, 2016 01:52 PM IST
By August, the Reserve Bank of India will likely have formed a monetary policy committee to take interest rate decisions. CNBC-TV18 has formed its own citizen's MPC to shadow the central bank's rate decisions.
- May 10, 2016 12:36 PM IST
"Members from Reserve Bank are known that is already mentioned in the Act itself. You have RBI Governor, Deputy Governor and Executive Director. Now from the government side three independent members are to be nominated," Economic Affairs Secretary Shaktikanta Das said on the sidelines of an event organised by ADB here.
- Apr 14, 2016 12:39 PM IST
The 11th edition of ABAI Fest and Karnataka Animation, VFX, Gaming and Comics (KAVGC) Summit will commence from April 16-17, at The Lalit Ashok ...
- Jan 19, 2016 09:05 PM IST
"I think Federal Reserve System is a good one. Generally the studies quoted say that Veto system does not work, the consensus-based system works better," Panagariya told PTI in an interview when asked about his views on the proposal of setting up a MPC.
- Oct 23, 2015 05:48 PM IST
The official did not elaborate on composition or voting rights of the RBI Governor in the MPC, which will replace the current practice of the Governor deciding on interest rate on advice of the technical advisory committee.
- Aug 04, 2015 01:26 PM IST
Signaling truce with the government over who should decide interest rates, RBI Governor Raghuram Rajan today appeared to favour doing away with the veto power of the central bank chief, arguing it would be better for a committee to decide the key rate rather than one individual
- Mar 13, 2015 05:53 PM IST
Although supported by Rajan, who believes it will bring transparency, a committee will nonetheless put the onus on him to convince other members of his views, and divisions are likely to become public, as MPCs typically release minutes or voting patterns.
- Mar 10, 2015 11:16 AM IST
The government has recently proposed to amend the Reserve Bank of India (RBI) Act to take away money market regulatory powers from the central bank and bring it under the purview of market regulator Sebi.
- Jan 23, 2014 03:39 PM IST
The nine-member committee, tasked with the idea of evolving a monetary policy framework for the RBI, has suggested that the bank should target four percent retail inflation based on the consumer price index (CPI) in order to douse inflationary expectations.
- Apr 17, 2013 03:51 PM IST
Global markets were calm today morning as there was no fresh weak data to spook them, says Marco Valli of UniCredit. The US stocks rebounded more than 1 percent as big companies such as Coca-Cola and Johnson & Johnson posted strong earnings results.
- May 10, 2012 09:02 AM IST
The Bank of England looks set to call a halt to its asset-buying programme on Thursday, despite the economy having slipped into recession and renewed risks rising from the eurozone debt crisis, as UK inflation remains stubbornly high.