Search Results for: GST rates

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Market Experts say RBI keeping repo rate unchanged at 8% expected due to inflation

New Delhi, Sep 30 (ANI): After Reserve Bank of India Governor Raghuram Rajan left repo rate unchanged at 8 per cent, Market Experts on Tuesday said that the decision was expected due to risk of inflation. Rajan has decided to keep the interest rate unchanged and said that 2016 CPI target of 6% is at risk. Akash Jindal said that RBI seems to be giving importance on reduction of inflation as interest rates are not changed. Market Expert Nirav Vakharia also supported the decision over the aforesaid risk. Rajan on uesday issued his fourth bi-monthly credit policy review. Sep 30, 2014
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RBI keeps interest rates unchanged, says 2016 CPI target of 6% at risk

Mumbai, Sep 30 (ANI): Reserve Bank of India Governor Raghuram Rajan on Tuesday left key interest rates unchanged in his fourth bi-monthly credit policy review citing increased risks of inflation and difficult external situation on the geopolitical front. Rajan said that inflation target of 6% by January 2016 involves uncertainties and that RBI is more confident with the target of 8%. He also added that the value of rupee has also risen in the recent months. Sep 30, 2014
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