First quarterly review of monetary policy 2010-11
Jul 27th
Highlights of the policy
RBI Governor, Dr D V Subbarao announced the first quarterly review of monetary policy today. The measures taken were quite on the expected lines (Read our article on monetary policy expectations).
Benchmark Repo rates hiked by 25 bps to 5.75% with immediate effect.
Benchmark Reverse Repo rates hiked by 50 bps to 4.50% with [...]
RBI likely to raise rates in todays monetary policy review
Jul 26th
RBI is going to announce the First quarterly review of monetary policy in some time and unlike last time, expectations are quite clear this time. Last time, in April, analysts were divided in opinions about a 25 bps hike or a 50 bps hike or no action by RBI. But this time, analysts are almost [...]
RBI raises rates again
Jul 2nd
As predicted by our analyst Rahul Sonthalia (click here to read) and myself (click here to read) in our earlier articles, RBI has raised the policy rates almost a month before the scheduled 1st quarterly review of monetary policy due at the end of July.
In an after market hour announcement today, RBI raised the repo and [...]
July Could be Jittery For the Markets
Jun 30th
The month of July can cause real jitters for the Indian stock market and the party could end. Most of the top economists and market gurus have started saying that the year 2010 could be a mixture of two halves, the first half ending on a positive note and the second half leading to a [...]
India Inflation : WPI March 2010
Apr 16th
The WPI for the month of January stood at 9.90% against 1.20% in the corresponding month of the last year. The same figure posted 9.89% in the previous month. The figure released was below market expectationswhich was pegged at around 10.37%
The figure registered increased at the fastest pace in 17 months, driven by higher food [...]
Monetary Policy and Credit Policy
Oct 28th
The Reserve Bank of India announced its second quarter review of monetary/credit policy. Despite the fact that most of the key rates policy rates remained unchanged as expect, the benchmark indices corrected by around 2% with the banking and real estate sectors plummeting the most. This is mainly because of the fact that the policy [...]
