Just a moment...

Report
FeedbackReport
×

By creating an account you can:

Logo TaxTMI
>
Feedback/Report an Error
Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters0/2000
TMI Blog
Home / RSS

Government of India welcomes the First bi-monthly Statement of FY 2018-19 of the Monetary Policy Committee (MPC)

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....overnment of India welcomes the First bi-monthly Statement of FY 2018-19 of the Monetary Policy Committee (MPC) <br>News and Press Release<br>Dated:- 6-4-2018<br><BR>The Ministry of Finance, Governmen....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....t of India welcomes the First bi-monthly Statement of the Monetary Policy Committee (MPC) in the Financial Year 2018-19. Earlier, the Monetary Policy Committee (MPC) in its first bi-monthly Statement....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... of 2018-19, issued yesterday, updated its real GDP growth and inflation projections for 2017-18 and 2018-19. The MPC revised upwards its forecast of real GDP growth from 7.2 % in its February 2018 St....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....atement to 7.4 %, broadly in line with the forecast in the Economic Survey. Inflation in Q4 2017-18 has been revised downwards from 5.1 % to 4.5 %. Further, the inflation forecast for H1 2018-19 has b....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....een revised downwards from 5.1 -5.6 percent to 4.4-4.7 percent, and from 4.5-4.6 percent to 4.4 percent in H2 2018-19. MPC has maintained all policy rates unchanged. The Government of India has welcom....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....e the Policy Statement.<BR> News - Press release - PIB....