https://www.taxtmi.com/news?id=12657 The Committee recommended maintaining the existing monetary policy stance due to persistent core inflation and upside food- and fuel-driven risks, a large fiscal deficit sustaining inflation persistence, muted domestic growth with stagnant manufacturing, and external vulnerabilities including current account pressures and potential capital outflows; members advised building foreign-exchange reserves, selectively intervening to manage volatility or appreciation, and adopting nuanced forward guidance to anchor expectations while remaining conditional on durable disinflation. en-us Fri, 25 Apr 2014 16:34:27 +0530 Fri, 25 Apr 2014 16:34:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=12657 The Committee recommended maintaining the existing monetary policy stance due to persistent core inflation and upside food- and fuel-driven risks, a large fiscal deficit sustaining inflation persistence, muted domestic growth with stagnant manufacturing, and external vulnerabilities including current account pressures and potential capital outflows; members advised building foreign-exchange reserves, selectively intervening to manage volatility or appreciation, and adopting nuanced forward guidance to anchor expectations while remaining conditional on durable disinflation. News - Fri, 25 Apr 2014 16:34:27 +0530 https://www.taxtmi.com/news?id=12657