https://www.taxtmi.com/news?id=50778 The finance ministry states there is scope for further monetary easing as CPI headline and core inflation remain below the RBI's 4 per cent target; the RBI has already cut the short term policy rate cumulatively and the Monetary Policy Committee will next consider policy. The ministry links the outlook to subdued global crude prices and notes fiscal policy is sustaining capital expenditure while adhering to consolidation, reiterating the statutory framework directing the central bank to maintain inflation at 4 per cent with a two percentage point symmetric margin. en-us Mon, 28 Jul 2025 21:16:03 +0530 Mon, 28 Jul 2025 21:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=50778 The finance ministry states there is scope for further monetary easing as CPI headline and core inflation remain below the RBI's 4 per cent target; the RBI has already cut the short term policy rate cumulatively and the Monetary Policy Committee will next consider policy. The ministry links the outlook to subdued global crude prices and notes fiscal policy is sustaining capital expenditure while adhering to consolidation, reiterating the statutory framework directing the central bank to maintain inflation at 4 per cent with a two percentage point symmetric margin. News - Mon, 28 Jul 2025 21:16:03 +0530 https://www.taxtmi.com/news?id=50778