India’s Retail Inflation Marginally Eases to 4.83% in April India’s retail inflation, as measured by the Consumer Price Index (CPI), marginally eased to 4.83% in April compared to 5.52% in March, mainly due to lower food prices. The data released by the Ministry of Statistics and Programme Implementation indicates a slight relief from the recent…
RBI Projects CPI Inflation at 4.5% for FY25 The Reserve Bank of India (RBI) has recently projected the Consumer Price Index (CPI) inflation to be at 4.5% for the fiscal year 2024-25 (FY25). This projection comes amidst the backdrop of various economic factors influencing inflation rates. The RBI’s forecast holds significance for government exam aspirants,…
SP Global Ratings Forecasts 75 Basis Points Repo Rate Cut in India in 2024-25 In a recent forecast by SP Global Ratings, a significant monetary policy move is anticipated for India in the fiscal year 2024-25. The forecast suggests a substantial reduction of 75 basis points in the repo rate, a key monetary policy tool…
India’s Retail Inflation Reaches 4-Month High at 5.69% in December India’s economic landscape has witnessed a significant development as the retail inflation rate soared to a 4-month high, registering at 5.69% in December. This surge brings forth various implications for aspirants preparing for government exams, ranging from teachers to police officers, banking, railways, defense, and…
RBI Monetary Policy Committee Meeting Highlights – December 2023 The recent Reserve Bank of India (RBI) Monetary Policy Committee (MPC) meeting for December 2023 has garnered significant attention among aspirants preparing for various government exams, especially those targeting positions in the financial sector, such as banking, and other civil services. The meeting, conducted bi-monthly, serves…
RBI Monetary Policy Review December 2023: Why RBI Has Kept Repo Rate Unchanged While Growth Forecast Revised Upwards The Reserve Bank of India (RBI) recently concluded its December 2023 Monetary Policy Review, wherein it decided to maintain the repo rate unchanged, despite revising the growth forecast upwards. This move has significant implications not only for…
Monetary Policy Tools in India – A Comprehensive Overview India’s monetary policy plays a pivotal role in shaping the country’s economic landscape. The Reserve Bank of India (RBI) employs various tools to regulate the nation’s monetary policy, aiming to maintain stability, control inflation, and stimulate economic growth. Understanding these tools is crucial for aspirants preparing…
Retail Inflation Drops to 4-Month Low of 4.87% in October The retail inflation rate in India saw a notable decline, reaching a four-month low of 4.87% in October, as reported by the Ministry of Statistics and Programme Implementation. This drop in the Consumer Price Index (CPI) is attributed primarily to the reduction in food prices,…
RBI May Cut Interest Rates in 2024-25 if Food Inflation Is Controlled The Reserve Bank of India (RBI) is at the helm of ensuring economic stability and growth in the country, making it a crucial institution for students preparing for government exams, such as those aiming for civil services, banking, and other positions. Recent predictions…
Who is the Current RBI Governor? In the world of Indian finance and economy, the position of the Reserve Bank of India (RBI) Governor holds immense significance. The RBI Governor plays a pivotal role in shaping the monetary policies of the country, which, in turn, impact various sectors of the economy, including banking, government exams,…
