Using food inflation in rate-setting flawed; RBI should cut rates for ...
14 hours ago · Union Commerce Minister Piyush Goyal on Thursday said the Reserve Bank of India (RBI) should cut interest rates and give an impetus to growth. Using food inflation, which restricted the RBI from any rate action for two years in the rate setting is a "flawed theory", the Chartered Accountant-turned-politician said at an event hosted by CNBC TV18.
Piyush Goyal wants RBI to cut rates, look through food prices; RBI …
16 hours ago · Commerce and Industry Minister Piyush Goyal on Thursday asked the Reserve Bank of India (RBI) to cut repo rates. Considering food prices while deciding on interest rate structure was a “flawed theory”, he said, while speaking at a CNBC TV18 event in Mumbai. “I certainly believe they (central bank) should cut interest rates.
Piyush Goyal wants RBI to cut rates, questions food inflation …
22 hours ago · Union Commerce Minister Piyush Goyal has urged the Reserve Bank of India (RBI) to consider reducing interest rates, questioning the reliance on food inflation as a key factor in monetary policy decisions. Speaking at the CNBC-TV18 Global Leadership Summit on Thursday, Goyal called the practice of ...
RBI should definitely cut interest rates, says Commerce Minister Piyush …
22 hours ago · Commerce Minister Piyush Goyal called for the Reserve Bank of India (RBI) to cut interest rates, arguing that food inflation should not be the sole factor in such decisions. He expressed his personal view, noting that inflation is expected to decline by December. Goyal also urged investors to take a long-term perspective, following …
RBI governor Shaktikanta Das' response after Piyush Goyal calls …
1 day ago · November 14, 2024 / 12:00 IST. Union minister Piyush Goyal and RBI governor Shaktikanta Das at the CNBC-TV18 Global Leadership Summit. Moments after Union minister Piyush Goyal on Thursday said ...
‘Absolutely flawed…’: RBI should boost growth with rate ... - Mint
18 hours ago · The Reserve Bank of India (RBI) Governor Shaktikanta Das refused to comment on Union Minister Piyush Goyal's suggestion for a rate cut and reinforced that the rate-setting panel will take an ...
Piyush Goyal demands a rate cut, RBI Governor's speech follows …
22 hours ago · India’s Commerce and Industry Minister Piyush Goyal said the Reserve Bank of India (RBI) must cut interest rates to boost growth, just days ahead of the next monetary policy review starting December 4. The view is in sharp contrast to that of the RBI Governor Shaktikanta Das who insists on waiting for retail inflation down to 4% before moving ...
‘It’s a flawed theory...’: Piyush Goyal questions RBI’s food inflation ...
20 hours ago · Union Commerce Minister Piyush Goyal on Thursday called for an interest rate cut, arguing the Reserve Bank of India (RBI) should disregard food inflation when making its decision. “RBI must cut ...
Piyush Goyal: RBI should cut interest rates, look through food …
17 hours ago · The RBI should cut interest rates and look through food price while deciding on monetary policy, said Commerce Minister Piyush Goyal, the first time a government minister has backed calls to re ...
RBI Should Definitely Cut Rates; Average Inflation in India Lowest ...
22 hours ago · Addressing the latest October 2024 inflation number, Goyal said, "When the RBI Monetary Policy Committee came out with their recommendations last time, they also predicted inflation to spike this month. It's not rocket science." Union Minister Piyush Goyal was speaking at the CNBC-TV18 Global ...
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