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    September 11, 2026
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September 11, 2026
RBI should hike rate by 25 bps in Oct to counter external shocks: SBI Research
Show AI Summary
Inflation risks from oil shocks support proposed policy-rate tightening to prevent broader consumer-price pressures before they become entrenched.
Monetary policy tightening is advocated to counter persistent external shocks, elevated crude oil prices, and expanding inflationary pressures. The proposed response is based on the risk that sustained high oil prices may raise consumer-price inflation and entrench inflation before a complete cost pass-through occurs. Banking-system liquidity has increased through foreign currency deposit inflows, but anticipated strong credit demand is expected to absorb the surplus and normalise liquidity by the end of the financial year.
September 11, 2026
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September 11, 2026
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September 11, 2026
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September 11, 2026
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Intra-BRICS trade facilitation requires open markets, streamlined regulation, diversified supply chains, local-currency payments, and stronger digital cooperation.
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Anand Sharma to Assess Industrial Scenario with the Industry Calls Meeting of Government–Industry Task Force.

August 11, 2012

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Press Information Bureau

Government of India

Ministry of Commerce & Industry

10-August-2012 16:9 IST

Anand Sharma to Assess Industrial Scenario with the Industry

Calls Meeting of Government–Industry Task Force

The Union Minister of Commerce, Industry and Textiles, Shri Anand Sharma will hold stakeholder consultations next week in the light of recent IIP figures and the evolving industrial situation. The Minister is regularly reviewing the situation with the senior officials and has expressed concern over the drop in industrial performance in recent months.

Shri Sharma will first meet the industry chambers like FICCI and CII along with FIEO. He has also called a meeting of the Government-Industry Task force to review the situation and suggest remedial measures. The Task Force is the established mechanism of obtaining inputs from the captains of the industry in the policy making process. Yesterday the Commerce, Industry and Textiles Minister met the Finance Minister Shri P Chidambaram and discussed the important issues faced by the economy.

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