Policy Statement

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RBI Policy: Surprised with the stance; market to move sideways, say experts

Ajay Srivastava, CEO, Dimensions Corporate Financial Services says this kind of stance in the backdrop of low GDP growth is surprising because one would have liked to see the economy being propelled rather than focusing on inflation
RBI moving towards de facto inflation target regime: I-Sec

The mention of a stable nominal anchor both in the policy statement and in the terms of reference of the Urjit Patel committee on monetary policy framework attests to that. Having a stable nominal anchor i.e. a price stability objective would help RBI avoid the classic time inconsistency problem.
Poor investor sentiment might plague ONGC FPO: Ex-chairman

RS Sharma, former chairman of state-run Oil and Natural Gas Corporation (ONGC) says that the government will not realise good value from the company's FPO without providing clarity on issues like pricing and subsidy sharing.

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Policy Statement

RBI Policy: Surprised with the stance; market to move sideways, say experts

RBI moving towards de facto inflation target regime: I-Sec

Poor investor sentiment might plague ONGC FPO: Ex-chairman