<h1>RBI Committee Reviews Global Economic Trends; Concerns Over Inflation, Rupee Pressure, and Industrial Production in India.</h1> The Reserve Bank of India's Technical Advisory Committee on Monetary Policy discussed global economic conditions, noting subdued growth and potential impacts of the US's quantitative easing withdrawal. In Europe, interest rates remain low, while Brazil faces currency weakening. Domestically, industrial production is weak, investor confidence is low, and inflation remains high despite a good monsoon. Concerns were raised about the current account deficit and rupee pressure. Members suggested maintaining the policy repo rate, with some advocating for rate changes to address economic challenges. The meeting emphasized addressing supply constraints and enhancing household savings to manage inflation and economic stability.