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inflation target

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Workers unload sacks of potatoes from trucks at the Vashi Agricultural Produce Market Committee (APMC) wholesale market in Mumbai, India, on Thursday, Oct. 3 2019.(Bloomberg)

Retail inflation quickens to 3.99% in September

New Delhi | By Press Trust of India
UPDATED ON OCT 14, 2019 06:43 PM IST
Annual retail inflation in September was much-higher compared with 3.21% in the previous month, and analysts’ forecasts.
Both NEFT (National Electronic Funds Transfer) and RTGS (Real Time Gross Settlement) are real-time payment systems maintained by the RBI and incur some associated charges.
Both NEFT (National Electronic Funds Transfer) and RTGS (Real Time Gross Settlement) are real-time payment systems maintained by the RBI and incur some associated charges.

RBI to do away with charges on online money transfer

Hindustan Times, Mumbai | By Vivina Vishwanathan
UPDATED ON JUN 06, 2019 12:32 PM IST
The meeting, first after the Lok Sabha elections, also decided to set up a committee involving all stakeholders, under the chairmanship of CEO Indian Banks’ Association (IBA), to examine the entire gamut of ATM charges and fees.
RBI said it expects that overall food inflation should remain under check on the assumption of a normal monsoon and effective supply management by the government.(AFP Photo)
RBI said it expects that overall food inflation should remain under check on the assumption of a normal monsoon and effective supply management by the government.(AFP Photo)

Monetary policy: RBI lowers inflation target for first half of FY19

Press Trust of India, Mumbai | By HT Correspondent
PUBLISHED ON APR 05, 2018 04:02 PM IST
“With the sharp moderation in food prices in February-March, the inflation trajectory in H1 FY 2018-19 is expected to be lower than the projection in the February statement, despite a likely reversal in food prices in H1,” the April monetary policy statement said.
Union finance minister Arun Jaitley and Jayant Sinha, MOS. arrive at Parliament House to present General Budget in New Delhi.(Mohammed Zakir/ HT Photo)
Union finance minister Arun Jaitley and Jayant Sinha, MOS. arrive at Parliament House to present General Budget in New Delhi.(Mohammed Zakir/ HT Photo)

Monetary policy to get statutory backing with RBI Act amendment

Hindustan Times | By HT Correspondent, New Delhi
UPDATED ON SEP 28, 2018 11:25 PM IST
Finance minister Arun Jaitley on Monday said the RBI Act, 1934 will be amended to give a statutory basis to the monetary policy framework.
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