Go Unlimited with Magzter GOLD
Get unlimited access to 9,500+ magazines, newspapers and Premium stories for just
Try GOLD - Free
Aligning inflation to RBI's 4% target key to ensuring growth: MPC minutes
The New Indian Express Kalaburagi
|December 21, 2024
THE members of the Reserve Bank rate-setting panel in the minutes of its December meeting released on Friday said high prices are the cause for demand slowdown, and aligning inflation to the central bank's 4% target is the key to ensuring sustained economic growth.
"The monetary policy stance is open to support growth, but it must await the ebbing of inflation on a durable basis or else the uneven progress made so far in disinflation will get dissipated," deputy governor Michael Patra wrote. Inflation is likely to remain contained as disinflationary effect of past monetary policy actions continues to play out. Headline inflation is expected to ease to 4.5% in Q4 and
This story is from the December 21, 2024 edition of The New Indian Express Kalaburagi.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 9,500+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM The New Indian Express Kalaburagi
The New Indian Express Kalaburagi
Roll revision 'dirty trick' of BJP, says CWC
CONGRESS leader Rahul Gandhi on Wednesday claimed that 'mini-hydrogen, hydrogen, uranium and plutonium bombs' were being readied for further exposing 'vote chori' (vote theft) by the ruling BJP in the next one month.
1 min
September 25, 2025
The New Indian Express Kalaburagi
India mostly with Ukraine, says Zelenskyy in pushback
UKRAINIAN President Volodymyr Zelenskyy has pushed back against US President Donald Trump’s claim that India along with China is a key funder of Russia's war effort, asserting that New Delhi is “mostly with Ukraine” despite ongoing energy trade with Moscow.
1 min
September 25, 2025
The New Indian Express Kalaburagi
5 KILLED IN LEH RIOTS
Protesters seeking Ladakh statehood clash with police; BJP office torched
1 mins
September 25, 2025
The New Indian Express Kalaburagi
Passenger tries to open cockpit door on AI flight
A passenger on an Air India Express flight (IX-1086) from Bengaluru to Varanasi on Monday attempted to enter the aircraft’s cockpit, claiming that he tried to open it by mistake as he isa first-time flyer and was looking for the toilet, sources said.
1 min
September 23, 2025
The New Indian Express Kalaburagi
EAM, Rubio hold wide-ranging discussion
EXTERNAL Affairs Minister S Jaishankar and US Secretary of State Marco Rubio on Monday held their first in-person meeting ever since Washington imposed steep tariffs on key Indian exports over New Delhi's continued purchases of Russian oil.
1 min
September 23, 2025
The New Indian Express Kalaburagi
GST 2.0 kicks in, sees festive buying rush
Car showrooms, retail outlets, online platforms witness record sales on Day 1
1 mins
September 23, 2025
The New Indian Express Kalaburagi
Survey faces tech snags, gets off to slow start
HICCUPS GALORE
1 mins
September 23, 2025
The New Indian Express Kalaburagi
Dasara a heartbeat, gives message of harmony: Banu
MYSURU Dasara is not just a festival, but the very heartbeat of the land.
1 min
September 23, 2025
The New Indian Express Kalaburagi
I don't want you!
Stunned techies scramble to US, scrap fly out plan
1 min
September 21, 2025
The New Indian Express Kalaburagi
2.8L Indian jobs on the line as Trump slaps $1L H-1B fee
THE Trump administration on Saturday imposed a fee of $1,00,000 per year on each H-1B visa holder, dealing a body blow to the 2,83,397 (71%) skilled technology workers from India, as per 2024 data.
2 mins
September 21, 2025
Listen
Translate
Change font size