https://www.taxtmi.com/news?id=19595 The MPC kept the policy repo rate at 6.0% and maintained a neutral stance, citing elevated CPI inflation driven by food and HRA effects, improving but uneven activity, and liquidity moving toward neutrality. It projected CPI at 5.1% for Q4 2017 18 and 5.1-5.6% (H1) and 4.5-4.6% (H2) for 2018 19, with upside risks from HRA increases, commodity prices, MSP and customs duty changes, and fiscal slippage. GVA growth was projected at 6.6% for 2017 18 and 7.2% for 2018 19. Voting was 5-1 to hold rates. en-us Wed, 07 Feb 2018 14:46:03 +0530 Wed, 11 Feb 2026 15:57:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=19595 The MPC kept the policy repo rate at 6.0% and maintained a neutral stance, citing elevated CPI inflation driven by food and HRA effects, improving but uneven activity, and liquidity moving toward neutrality. It projected CPI at 5.1% for Q4 2017 18 and 5.1-5.6% (H1) and 4.5-4.6% (H2) for 2018 19, with upside risks from HRA increases, commodity prices, MSP and customs duty changes, and fiscal slippage. GVA growth was projected at 6.6% for 2017 18 and 7.2% for 2018 19. Voting was 5-1 to hold rates. News - Wed, 07 Feb 2018 14:46:03 +0530 https://www.taxtmi.com/news?id=19595