SME Times is powered by   
Search News
Just in:   • Mahindra,Ford sign MoUs to co-develop SUVs, small EV  • UAE, Saudi Arabia eye civil aviation cooperation  • Vedanta's Rs 1,240 cr expansion proposal in Odisha gets officials' nod  • Karnataka, Goa bet on Rs 1 lakh crore from income tax  • Aadhaar data secure, those without unique number won't suffer: UIDAI 
Last updated: 07 Dec, 2017  

Arun.Jaitley.Generic.9.Thmb.jpg RBI's neutral policy stance a recognition of under-control inflation: FM

   Top Stories
» Govt clarifies on e-way bill requirement for exports consignment
» India to be self-reliant in silk production by 2020
» Software edition of Smart India Hackathon March 30-31
» Naidu calls for rural upliftment
» Export duty on sugar cut from 20 pc to zero: Govt
SME Times News Bureau | 07 Dec, 2017
Reacting cautiously, the government on Wednesday said it has taken note of the RBI maintaining status quo on key lending rates and said a neutral policy stance reflected recognition of the fact that inflation remained "firmly under control".

"The Monetary Policy Committee (MPC) recognized that inflation remains firmly under control, retaining its inflation projection for the second half of FY 2018 and assessing that the risks to this projection are evenly balanced. For that reason, it has maintained a neutral policy stance," a Ministry statement said.

"The MPC has also retained its annual GVA forecast for FY18 of 6.7 per cent recognising several significant developments and emphasizing the government's reform efforts such as GST, Bank Recapitalization Package and improving Ease of Doing Business Ranking," it added. 
Print the Page Add to Favorite
Share this on :

Please comment on this story:
Subject :
(Maximum 1500 characters)  Characters left 1500
Your name:

  Customs Exchange Rates
Currency Import Export
US Dollar
UK Pound
Japanese Yen 58.85 56.85
As on 23 Mar, 2018
  Daily Poll
Is counterfeiting a major threat to SMEs?
 Can't say
  Commented Stories
» Starting an import export business: Basic guide for beginners(24)
» Draft agriculture export policy(8)
» Two-day conference on counterfeiting 13-14 March(2)
» RBI ban on LoU to severely impact MSMEs: PPMAI(2)
» Collateral free loans available for MSMEs: Minister(1)
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter