SME Times is powered by   
Search News
Just in:   • 10% customs duty on mobiles, hike on more items likely  • Google's response to record EU fine draws flak from rivals  • Apple hikes iPhone prices in India post-customs duty hike  • Political realities to weigh on economic decisions: Assocham  • BJP poised to take power in Himachal 
Last updated: 07 Dec, 2017  

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

Arun.Jaitley.9.jpg
   Top Stories
» After early hiccups, BJP set to retain power in Gujarat
» 'Exports back in positive territory with a bang as global demand sprang a surprise'
» India not being blamed for collapse of WTO talks: Prabhu
» Engineering goods push exports higher to $26 bn in November
» Vote count in Gujarat, Himachal begins
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 :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
66.20
64.50
UK Pound
87.50
84.65
Euro
78.25
75.65
Japanese Yen 58.85 56.85
As on 18 Dec, 2017
  Daily Poll
Is counterfeiting a major threat to SMEs?
 Yes
 No
 Can't say
  Commented Stories
» Starting an import export business: Basic guide for beginners(14)
» Foreign Trade Policy(6)
» List of items for which anti dumping duties has been levied with related notifications(1)
» Online GST compliance platform a simple and cheap solution for filing return: Co-Founder, EasemyGST(1)
» SC order on interim relief on mandatory linking of Aadhaar on Friday(1)
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter