Tag: Narendra Damodardas Modi

[ad_1] India’s rate setters wanted to stay cautious as volatile food prices lent uncertainty to the overall inflation trajectory and did not want to confuse investors by changing policy stance just yet, the minutes of the monetary policy meeting showed Friday. The Reserve Bank of India’s six-member monetary policy committee unanimously voted to pause for the fifth straight review and retained the stance on “withdrawal of accommodation,” indicating rates may remain higher for longer. [ad_2] Source link

[ad_1] Sign up for the India Edition newsletter by Menaka Doshi – an insider’s guide to the emerging economic powerhouse, and the billionaires and businesses behind its rise, delivered weekly. India’s parliament is planning to push through some crucial bills, including proposed changes to overhaul the criminal justice system, despite a record number of opposition members still suspended. [ad_2] Source link