https://www.taxtmi.com/news?id=14911 Members reported weak domestic activity with subdued IIP and consumer demand, falling exports and mixed inflation signals; monsoon revival and soft global commodity prices could temper food inflation while core inflation showed upward pressure partly from tax and petrol changes. The TAC was split on the policy repo rate: a majority urged an easing to support growth given benign headline inflation prospects and improving fiscal metrics, while a minority recommended maintaining rates due to surplus liquidity, slowing credit growth and the need to await forthcoming data. en-us Tue, 25 Aug 2015 18:21:57 +0530 Tue, 25 Aug 2015 18:21:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=14911 Members reported weak domestic activity with subdued IIP and consumer demand, falling exports and mixed inflation signals; monsoon revival and soft global commodity prices could temper food inflation while core inflation showed upward pressure partly from tax and petrol changes. The TAC was split on the policy repo rate: a majority urged an easing to support growth given benign headline inflation prospects and improving fiscal metrics, while a minority recommended maintaining rates due to surplus liquidity, slowing credit growth and the need to await forthcoming data. News - Tue, 25 Aug 2015 18:21:57 +0530 https://www.taxtmi.com/news?id=14911