scope

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Title: scope

Essay Details:

Subject: Business

Author: James F

Date: February 9, 2016

Level:

Grade: A

Length: 1 / 270

Essay text:

O Reverse Repo rate hiked by 25 bps to 6.00% O Repo rate hiked by 25 bps to 7.00% O Bank Rate unchanged at 6.00% O Cash reserve ratio unchanged at 5.00% O Inflation target maintained at 5.0-5.5% O Gross Domestic Product target maintained at 7.5-8.0% INFLATION O Upside risks to inflation evident as oil price pass-through incomplete. O Outlook for inflation firming up. O Price stability created conducive conditions for growth. O Petrol, diesel price hike in Jun added 45 bps to headline inflation. O Risks to inflation amplified by intl oil price rise O Inflation monitored with supply-side response from govt...

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