Government should expedite rebasing CPI: RBI paper

Government should expedite rebasing CPI: RBI paper

The government needs to expedite its work on revised CPI and may help the RBI manage inflation expectations better as the published indices are in divergences with market prices as the current consumer price index- CPI base of 2012. The current indices are derived from the consumption expenditure survey (CES) conducted during 2011-2012, long before … Read more

Data | Contextualising the rise in retail investments in stock market

Data | Contextualising the rise in retail investments in stock market

In June 2022, when Dalal Street witnessed a significant bear-run as stock market indices – Sensex and Nifty – reached their 52-week lows and foreign portfolio investors continued their selling spree, Finance Minister Nirmala Sitharaman dubbed India’s retail investors as ‘shock absorbers.’ In the Data Point published on December 29, 2022, The Hindu explained how … Read more

November inflation print provides impetus to end rate hike cycle: SBI economists

November inflation print provides impetus to end rate hike cycle: SBI economists

The November inflation print of 5.88 per cent provides impetus to end the rate hike cycle, economists at the country’s largest lender SBI said on Monday. This came hours after official data showed that consumer price index (CPI) based inflation cooled to 5.88 per cent in November, the first time that it has come within … Read more

RBI Governor Shaktikanta Das encounters old foes in new term at India’s central bank

photo

RBI Governor Shaktikanta Das heads into his second term with increasing pressure to pivot back toward battling inflation and winding down his crisis-era policy settings. Having kept the main interest rates steady on Wednesday, Das starts his next three-year term Dec. 11 with some in the bank already calling for unwinding the ultra-loose policies. One … Read more

RBI’s fourth regulatory sandbox cohort on financial frauds

photo

The Reserve Bank of India (RBI) will open the fourth cohort under the Regulatory Sandbox (RS) on prevention and mitigation of financial frauds, governor Shaktikanta Das said. The central bank has so far introduced three cohorts. Six entities have successfully exited the first Cohort on ‘Retail Payments’ while under the second Cohort on ‘Cross Border … Read more

India Inc looks forward to repo rate cut in future

photo

India Inc on Friday said it is looking forward to a repo rate cut in future as cost of funds has to come down in coming times, and expects continuation of accommodative policy stance by the Reserve Bank of India (RBI). The RBI decided to leave the benchmark interest rate unchanged at 4 per cent … Read more