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Aligning inflation to RBI's 4% target key to ensuring growth: MPC minutes
The New Indian Express Vijayawada
|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 an
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The New Indian Express Vijayawada
NUAPADA MANDATE MARKS A POWER SHIFT FOR MAJHI
WHILE the NDA secured a historic mandate in Bihar, the BJP notched up an emphatic victory in the Nuapada bypoll in Odisha.
1 mins
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The New Indian Express Vijayawada
US deports 200 Indian nationals, including gangster Anmol Bishnoi
A special US deportation flight carrying 200 Indians, including Anmol Bishnoi, the younger brother and close aide of gangster Lawrence Bishnoi, two other fugitives wanted in Punjab, and 197 undocumented migrants landed in New Delhi on Wednesday.
1 min
November 20, 2025
The New Indian Express Vijayawada
7 Maoists killed in ASR encounter
SEVEN Maoists, including a key explosives expert, were killed in an encounter under the Maredumilli police station limits in Alluri Sitarama Raju (ASR) district on Wednesday morning.
1 min
November 20, 2025
The New Indian Express Vijayawada
CLOUDS ON THE NUCLEAR HORIZON
OURS before his October 30 meeting with Xi Jinping, Donald Trump announced that he had instructed the US department of war to “start testing nuclear weapons on an equal basis” immediately.
3 mins
November 20, 2025
The New Indian Express Vijayawada
'Miffed' Shinde ministers skip Fadnavis Maha cabinet meet...
MINISTERS from Eknath Shinde-led Shiv Sena on Tuesday boycotted the weekly cabinet meeting chaired by Chief Minister Devendra Fadnavis in protest against induction of a Sena leader from Dombivali into the BJP, a development that shows cracks in the MahaYuti alliance ahead of the Maharashtra civic elections.
1 min
November 19, 2025
The New Indian Express Vijayawada
MAKING ENEMIES OF BEST FRIENDS
HREE things have survived in India through the ages: poverty, gold, and dogs. Through the ravages and miseries that this country specialises in and perpetuates, the triad has stood its ground.
3 mins
November 19, 2025
The New Indian Express Vijayawada
Drug resistance risks in cancer care & surgical procedures raise concern
AS antimicrobial resistance (AMR) is emerging as a major public health concern in India, the Centre has rolled out a new and updated National Action Plan to address the crisis.
1 mins
November 19, 2025
The New Indian Express Vijayawada
Rahul steps up offensive, says Cong will fight SIR politically and legally
STEPPING up his attack on Election Commission of India (ECI) and ‘vote theft’ allegations, Congress leader Rahul Gandhi on Tuesday cast doubts over the SIR process at a meeting with key AICC office-bearers of 12 states and Union Territories where the revision of electoral rolls is underway, and said the party must challenge the exercise politically, organisationally and legally, according to sources.
1 mins
November 19, 2025
The New Indian Express Vijayawada
Sonbhadra mine collapse toll rises to 7, rescue ops on as many still trapped
THE death toll in stone mine collapse in Sonbhadra district of eastern Uttar Pradesh has gone up to seven with another body being recovered from the rubble, officials said on Tuesday.
1 min
November 19, 2025
The New Indian Express Vijayawada
COP30 enters 2nd week with nothing but words
THE UN climate summit in Brazil is in its second and final week. Negotiators have till November 21 to untangle the knots they have not been able to resolve in the 29 meetings since Berlin 1995.
2 mins
November 19, 2025
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