| Title | MPC seen holding rates in Oct on Q1 GDP surprise, GST changes |
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| URL | https://informistmedia.com/MoneyWire/36103/RBI-Policy-MPC-seen-holding-rates-in-Oct-on-Q1-GDP-surprise-GST-changes |
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| Category | Media News --> Media |
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| Meta Keywords | MPC, GDP, GST, RBI, RBI POLICY |
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| Meta Description | The Reserve Bank of India's Monetary Policy Committee is likely to keep interest rates on hold for the second consecutive meeting next month after the GDP grew much quicker than expected in the June quarter. |
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| Owner | ankita shinde |
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| Description |
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| The Reserve Bank of India's Monetary Policy Committee is likely to keep interest rates on hold for the second consecutive meeting next month after the GDP grew much quicker than expected in the June quarter, according to economists polled by Informist. The MPC may prefer to wait and watch the impact of the recent changes to the goods and services tax and await more clarity on US tariffs on India before deciding on the next interest rate action, economists said. |
