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Can't risk another bout of inflation, says RBI governor on rate cut call

The New Indian Express

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October 24, 2024

THE country can't risk another bout of inflation and the best approach currently is to remain flexible and wait for prices to fall durably and align with the target, Reserve Bank Governor Shaktikanta Das on Wednesday said while voting for status quo on policy rates during the last MPC meeting.

- BENN KOCHUVEEDAN

Can't risk another bout of inflation, says RBI governor on rate cut call

"Monetary policy can support sustainable growth only by maintaining price stability," Das said, as per the minutes of the Monetary Policy Committee (MPC) meeting held earlier in the month and announced on October 9, which held back the rates at 6.5% for the tenth time in a row but unanimously changed the stance to neutral from withdrawal of accommodation. The decision to hold the rate was with a vote of 5:1 wherein Nagesh Kumar, one of the n

The New Indian Express से और कहानियाँ

The New Indian Express

The New Indian Express

DEEPER DIALOGUES FROM MARGINS

Five events held as part of Porombokkiyal 2025 shifted the spotlight on Unknown, unheard stories in the form of discussions and a play

time to read

2 mins

October 04, 2025

The New Indian Express

WAR PUSHES GAZA'S ENVIRONMENT TO FULL-SCALE COLLAPSE

TWO years of relentless conflict in the Gaza Strip have left an environmental disaster of unprecedented scale, the United Nations Environment Programme (UNEP) warns in a new report released this week.

time to read

3 mins

October 04, 2025

The New Indian Express

HE WHO SPOKE TRUTH TO POWER

VETERAN journalist, writer and columnist, who was Director of Express Publications (Madurai) Private Limited and Editorial Advisor to The New Indian Express, Thayil Jacob Sony George-popularly known as TJS George or TJS passed away on Friday afternoon at a private hospital in Bengaluru.

time to read

2 mins

October 04, 2025

The New Indian Express

The New Indian Express

Group leading mass protests for reforms in Morocco seeks dismissal of government

THE group leading Morocco's mass protests called on Friday for the government's dismissal, following days of unrest that have seen the deaths of three people.

time to read

1 mins

October 04, 2025

The New Indian Express

'India is no longer seen as outsourcing destination'

INDIA is no more an 'outsourcing destination' for advanced countries, believes Lord Karan Bilimoria, the founding Chairman of the UKIndia Business Council (UKIBC).

time to read

1 mins

October 04, 2025

The New Indian Express

The New Indian Express

Hopes fade for end to U.S. shutdown as Don readies cuts

HOPES for a quick end to the government shutdown were fading Friday as Republicans and Democrats dug in for a prolonged fight and President Donald Trump readied plans to unleash layoffs and cuts across the federal government.

time to read

1 mins

October 04, 2025

The New Indian Express

The New Indian Express

No public gathering on highways till SOPs are framed, HC tells govt

Court rejects pleas for CBI probe into stampede, says investigation still at nascent stage

time to read

1 mins

October 04, 2025

The New Indian Express Chennai

Sacred Poromboke:

Irula Gatherers and Divine Rituals

time to read

1 mins

October 04, 2025

The New Indian Express Chennai

The New Indian Express Chennai

Natural Vs Conventional: Study finds new social structure in farming practices

NATURAL farming is class and caste specific, with no substantial benefits in terms of monetary gain or dietary diversity compared to conventional farming.

time to read

2 mins

October 04, 2025

The New Indian Express

The New Indian Express

Got only copper panels from Sabarimala: Firm

THE controversy over the gold-plated panels of Sabarimala Lord Ayyappa temple is getting murkier, putting the Travancore Devaswom Board (TDB) on the defensive.

time to read

1 min

October 04, 2025

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