HomeNewsVideosBusinessMarketsCNBC-TV18 Global Leadership Summit: Piyush Goyal Urges RBI to Cut Rates, Predicts Inflation Drop
Trending Topics
Sensex Today
Dilip Buildcon Share Price
RVNL Share Price
Coforge share price
Defence Stocks

CNBC-TV18 Global Leadership Summit: Piyush Goyal Urges RBI to Cut Rates, Predicts Inflation Drop

Union Commerce Minister Piyush Goyal urged the Reserve Bank of India (RBI) to cut interest rates, arguing that food inflation shouldn’t drive this decision. He clarified that this was his personal view, not the government's stance. Goyal expects inflation to drop by December, noting that the Modi government has maintained historically low inflation levels. Addressing recent foreign investor exits, he advised a long-term investment perspective. India’s retail inflation rose to a 14-month high of 6.21% in October, exceeding RBI’s 2%-6% target. The RBI, cautious about inflation risks, recently kept its repo rate at 6.5%, citing potential economic risks.

Moneycontrol News
November 14, 2024 / 12:13 IST
Story continues below Advertisement
Remove Ad

Moneycontrol News
TAGS: #CNBC-TV18 #India growth #inflation #Piyush Goyal #video
first published: Nov 14, 2024 12:13 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Follow Us On: Facebook twitter instagram linkedin telegram youtube
News
Business New Market New Stocks Income Tax Calculator Election Schedule 2024 India News Economy Mutual Funds Personal Finance IPO News Startups New USA Elections New
Features
Gold Rate Today Silver Rate Today Trending News Startups New National News MC Videos MC You Tube
Tools
SIP Calculator 2 SIP Calculator 3 SIP Calculator 1 New SIP Calculator 4
Specials
PowerYourTrade Master Your Money Game Changers
Network 18 Sites
News18 Firstpost CNN News18 CNBC TV18 Forbes History TV18
Personal Finance
Home Loans up to 50 Lakhs Credit Cards Lifetime Free Finance Tracker Fixed Deposits Fixed Deposit Comparison Fixed Income Account Aggregator
Quick Links
About Us New Contact Us Advisory Alert New Advertise with Us New Disclaimer Privacy Policy Cookie Policy Terms & Conditions Careers Financial Terms (Glossary) Analytical & Information Tool New
Download MC Apps:

Copyright © Network18 Media & Investments Limited. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol.com is prohibited.