https://www.taxtmi.com/news?id=21265 The MPC reduced the policy repo rate by 25 basis points and maintained a neutral monetary policy stance, aligning actions with the objective of achieving the medium term CPI inflation target of 4% within a +/-2% band while supporting growth. The decision reflects downward revisions to near term inflation projections driven by subdued food and fuel inflation and softer inflation expectations, alongside a moderated growth outlook and noted downside and upside risks including oil and food price volatility, global slowdown, and fiscal considerations. Voting positions and individual member statements are recorded. en-us Thu, 18 Apr 2019 18:30:24 +0530 Thu, 18 Apr 2019 18:30:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=21265 The MPC reduced the policy repo rate by 25 basis points and maintained a neutral monetary policy stance, aligning actions with the objective of achieving the medium term CPI inflation target of 4% within a +/-2% band while supporting growth. The decision reflects downward revisions to near term inflation projections driven by subdued food and fuel inflation and softer inflation expectations, alongside a moderated growth outlook and noted downside and upside risks including oil and food price volatility, global slowdown, and fiscal considerations. Voting positions and individual member statements are recorded. News - Thu, 18 Apr 2019 18:30:24 +0530 https://www.taxtmi.com/news?id=21265