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Aligning inflation to RBI's 4% target key to ensuring growth: MPC minutes
The New Indian Express Coimbatore
|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 Coimbatore
BJP demands apology over Modi slogans at Cong rally
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The New Indian Express Coimbatore
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1 min
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The New Indian Express Coimbatore
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1 min
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The New Indian Express Coimbatore
₹ fall deepens as it closes at 90.73/$, weakens by 0.34%
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1 min
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The New Indian Express Coimbatore
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1 min
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The New Indian Express Coimbatore
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1 min
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The New Indian Express Coimbatore
Nabin takes charge; Shah, Nadda welcome new prez at party HQ
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1 min
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The New Indian Express Coimbatore
CM PRESENTS ₹1.9 CRORE WORTH INCENTIVES TO SPORTSWOMEN
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1 min
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The New Indian Express Coimbatore
Lack of road for ambulance leaves pregnant woman, unborn child dead
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1 min
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The New Indian Express Coimbatore
Nothing mini about auction as franchises look to rebuild
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4 mins
December 16, 2025
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