RBI should cut rates for pushing growth, says Piyush Goyal

Piyush Goyal wants RBI to cut interest rates. Shaktikanta Das responds
Union Minister Piyush Goyal described the link between food inflation and interest rates as an 'absolutely flawed theory.'
RBI rate cut: After the US Fed action, it’s a matter of when and not if
With the US Federal Reserve slashing key interest rates again and domestic inflation expected to ease from December onwards, the RBI could start the interest rate easing cycle in February 2025.
RBI should cut rates: Piyush Goyal
The Reserve Bank of India (RBI) should cut the key benchmark interest rates to boost economic growth and ignore food prices while deciding on monetary policy, Union minister of commerce and industry Piyush Goyal said here on Thursday. Speaking at the ...
BS EDIT: Inflation surge complicates RBI's rate cut dilemma
Rising inflation and economic slowdown complicate RBI’s choices, hinting at the need for measures beyond rate cuts if growth remains weak
RBI may defer rate cut call to February as inflation's still hot
Economists predict that the Reserve Bank of India may postpone a rate cut until February. This delay is attributed to concerns about rising inflation and global market instability. The central bank is closely monitoring food inflation,
Opinion
Why hasn’t RBI cut policy rates despite its lack of control over food inflation?
It must tame general inflation as a priority, and prices can rise in interlinked ways. Also, India’s central bank must keep the asset-liability mismatch of commercial banks from worsening as households shift savings from deposits to equity stocks.
Should RBI Consider Food Inflation for Rate Cuts? Piyush Goyal Says…
Union Commerce Minister Piyush Goyal said inflation has been lowest under the Narendra Modi government since India’s independence and the figures will come down by December
Congress targets Piyush Goyal for his suggestion that RBI should not look at food inflation while deciding rate cut
Congress criticizes Piyush Goyal for suggesting RBI ignore food inflation in interest rate decisions, calling it insensitive.
Using food inflation in rate-setting flawed; RBI should cut rates for pushing growth, says Piyush Goyal
India's Commerce Minister Piyush Goyal urged the Reserve Bank of India to cut interest rates to further boost economic growth, arguing that factoring food inflation in rate decisions is a "flawed theory.
Piyush Goyal wants RBI to cut rates, look through food prices; RBI guv ‘reserves’ comment
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”,
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India’s Economy Sails Smoothly Amid Global Challenges: RBI Governor Das
Amid growing expectations of an interest rate cut by the Reserve Bank of India, RBI Governor Shaktikanta Das addressed the ...
SBI Chairman CS Setty predicts when RBI will cut rates next. It's not in December
SBI chairman anticipates RBI will cut interest rates in February 2025. Depositors can expect current interest rates to remain ...
Foreign banks diverge on RBI’s rate path as inflation hits 14-month high
Foreign banks speculate on RBI's rate stance for December MPC meeting amid rising inflation and slowing economic growth.
No Clarity on RBI Governor’s Term Weighs on Rate-Cut Hopes
Uncertainty about the future of India’s central bank governor, whose contract ends in less than a month, is adding another ...
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US Fed rate cut outlook: Can Donald Trump’s return shape the US central bank’s interest rate path?
The US Fed reduced the benchmark interest rate by 25 bps to 4.50 - 4.75% on November 7, but markets were disappointed by ...
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