https://www.taxtmi.com/news?id=11430 Reserve Bank of India identifies heightened macro financial risks warranting a cautious monetary stance: slow recovery supported by monsoon, weak industrial activity and slack aggregate demand, alongside a still-large CAD and deteriorating external financing indicators. Contagion from global bond re pricing increased financial market volatility, prompting Reserve Bank measures to stabilise the exchange rate and tighten liquidity through higher facility rates, restricted LAF access, raised daily reserve maintenance and open market sales. Headline WPI inflation moderated but CPI remains elevated, with currency depreciation and fuel price risks noted. en-us Mon, 29 Jul 2013 17:18:07 +0530 Mon, 29 Jul 2013 17:18:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=11430 Reserve Bank of India identifies heightened macro financial risks warranting a cautious monetary stance: slow recovery supported by monsoon, weak industrial activity and slack aggregate demand, alongside a still-large CAD and deteriorating external financing indicators. Contagion from global bond re pricing increased financial market volatility, prompting Reserve Bank measures to stabilise the exchange rate and tighten liquidity through higher facility rates, restricted LAF access, raised daily reserve maintenance and open market sales. Headline WPI inflation moderated but CPI remains elevated, with currency depreciation and fuel price risks noted. News - Mon, 29 Jul 2013 17:18:07 +0530 https://www.taxtmi.com/news?id=11430