https://www.taxtmi.com/news?id=20785 The MPC kept the policy repo rate unchanged and maintained a stance of calibrated tightening, citing a marked softening of headline inflation due to broad-based food deflation and falling crude oil prices, tempered by sticky non-food inflation, a near-closed output gap, and upside risks from inflation expectations, MSP effects and fiscal slippages. The decision balances supporting growth-given improved investment indicators and capacity utilisation-against vigilance on volatility in global financial markets, agricultural risks, and potential second round wage and price effects. en-us Wed, 05 Dec 2018 15:05:53 +0530 Wed, 05 Dec 2018 15:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=20785 The MPC kept the policy repo rate unchanged and maintained a stance of calibrated tightening, citing a marked softening of headline inflation due to broad-based food deflation and falling crude oil prices, tempered by sticky non-food inflation, a near-closed output gap, and upside risks from inflation expectations, MSP effects and fiscal slippages. The decision balances supporting growth-given improved investment indicators and capacity utilisation-against vigilance on volatility in global financial markets, agricultural risks, and potential second round wage and price effects. News - Wed, 05 Dec 2018 15:05:53 +0530 https://www.taxtmi.com/news?id=20785