https://www.taxtmi.com/news?id=2587 RBI's mid quarter review shifts the monetary stance from tightening to a pause with no change in policy variables, while the Finance Minister welcomed the RBI's resolve to check speculative interventions in the foreign exchange market. The statement emphasizes moderating inflation-notably a decline in food inflation-alongside persistent manufactured goods inflation, and links the pause to the need to restore growth momentum and improve business sentiment after recent industrial contraction. en-us Fri, 16 Dec 2011 14:55:43 +0530 Fri, 16 Dec 2011 14:55:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=2587 RBI's mid quarter review shifts the monetary stance from tightening to a pause with no change in policy variables, while the Finance Minister welcomed the RBI's resolve to check speculative interventions in the foreign exchange market. The statement emphasizes moderating inflation-notably a decline in food inflation-alongside persistent manufactured goods inflation, and links the pause to the need to restore growth momentum and improve business sentiment after recent industrial contraction. News - Fri, 16 Dec 2011 14:55:43 +0530 https://www.taxtmi.com/news?id=2587