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Economic Outlook News - Latest Updates & Headlines

RBI MPC begins, likely to go for 25 bps rate cut on April 9, says SBI report

Mumbai, April 7: As the Reserve Bank of India (RBI) began its Monetary Policy Committee (MPC) meeting (from April 7-April 9) here, SBI Research on Monday said it expects a 25-basis point rate cut in the policy and cumulative rate cut over the cycle could be at least 100 basis points, with two successive rate cuts over February and April.

CPI inflation expected in 4.5-4.7 pc range in January: BoB Index

New Delhi, Feb 5: Led by lower prices of vegetables, with tomato, onion and potato prices declining steeply, the Consumer Price Index (CPI) inflation is expected in the range of 4.5 per cent-4.7 per cent in January, the Bank of Baroda's Essential Commodity Index (ECI) showed on Wednesday.