Monetary Policy Framework

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  IMF Outlines Nine-Point Crypto Action Plan, Aims to Block Cryptocurrencies From Becoming Legal Tender

  IMF's top recommendation was to "safeguard monetary sovereignty and stability by strengthening monetary policy frameworks and do not grant crypto assets official currency or legal tender status."

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  For First Time, RBI's Policy Committee To Discuss Missing Inflation Target

  For the first time since the implementation of the monetary policy framework in 2016, the Reserve Bank will submit a report to the government on its failure to keep the retail inflation rate below six per cent for three consecutive quarters.

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  RBI To Send Centre Report On Its Failure To Check Inflation Since January

  With inflation staying above the upper tolerance limit for nine straight months, the Reserve Bank will now have to submit a report to the central government detailing reasons for the failure to contain prices.

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  MiCA Approved: All 27 EU States May Soon Create One Crypto Framework

  The European Parliament Committee on Economic and Monetary Affairs (ECON) has approved the MiCA legislation. Stefan Berger, the member of ECON has confirmed the development on Twitter. The tuning and execution of the crypto policies could go into effect starting in 2024.

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  Drastic Changes In Monetary Policy Framework Can Upset Bond Market: Raghuram Rajan

  Mr Rajan opined that the government's ambitious target to make India a USD 5-trillion economy by 2024-25 was "more aspirational, rather than a carefully computed one even before the pandemic"

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  Must Focus On Growth Even Amid Pressure For Trade-Offs: Chief Economic Advisor

  Chief Economic Advisor Krishnamurthy Subramanian's comment comes ahead of the revision of policy framework and inflation targets by the Monetary Policy Committee by March 31.

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  India's Inflation Target May Need To Be Refined: Chief Economic Adviser

  The current monetary policy framework, signed by Prime Minister Narendra Modi's government with the Reserve Bank of India in 2015, expires next month

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  RBI Reviewing Monetary Policy Framework, Says Shaktikanta Das

  "We have commenced an internal review of the working of the monetary policy framework, and going forward by the middle of the current calendar year, that's by June or so, we will be holding a round table with all analysts and experts and other stakeholders to do further consultations, including with the government at an appropriate time," he said.

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  RBI Reviewing Monetary Policy Framework Change: Shaktikanta Das

  "The monetary policy framework is in operation for the last three years. We are reviewing and analysing it internally as to how the MPC framework has worked. At an appropriate time, if required, we'll have discussion with the government," the RBI governor said at a media conference after he met the Finance Minister on the customary Budget briefing.

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  Urjit Patel Promotion Leaves RBI With Tough Job On Monetary Policy Panel

  Elevation of Urjit Patel as governor of the Reserve Bank of India (RBI) amid a small window to operationalise the new Monetary Policy Committee (MPC) framework has brought a slew of challenges for the central bank.

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  Inflation Targeting Is Positive For Rupee, Debt Market: Analysts

  The government on Friday notified 4 per cent inflation target with a range of plus/minus 2 per cent for the next five years under the monetary policy framework agreement with the Reserve Bank. The rupee strongly benefit from the move, say economists.

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  Government To Notify Inflation Target Under Framework Agreement: Report

  The government is likely to notify this week inflation target for next five years under the monetary policy framework agreement, a top official said on Monday.

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  Raghuram Rajan for Guidelines by Countries on Monetary Policy Behaviour

  There should be guidelines for responsible monetary policy behaviour globally as aggressive actions by one nation can lead to significant adverse cross-border spillovers on others, Reserve Bank of India Governor Raghuram Rajan has suggested.

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  Central Bankers Can't Solve All Economic Worries: Raghuram Rajan

  Stating that monetary policies alone could not change the world, Reserve Bank of India Governor Raghuram Rajan on Wednesday said the governments needed to create an underlying framework for growth in the long term for the world economy.

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  Government Should Review Monetary Policy Framework: Arvind Panagariya

  India should review its monetary policy framework, Prime Minister Narendra Modi's top economic adviser Arvind Panagariya told Reuters, suggesting that the lower bound of the Reserve Bank of India's inflation target range was on the low side.