Taxes on fuel trigger worry at RBI policy panel’s meet ...Middle East

The government's move to pass on increases in global crude oil price to consumers, but prevent corrections through higher taxes, has raised concerns on inflation among RBI's monetary policy committee members. The minutes of the MPC meeting released on Friday reveal that, worried by inflation, one member had voted to raise the reverse repo, the rate at which banks lend to the RBI. This rate is outside the remit of the MPC, which votes only on the repo rate.

Hence then, the article about taxes on fuel trigger worry at rbi policy panel s meet was published today ( Saturday 21/08/2021 - 09:30 AM ) and is available on The Times of India ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Taxes on fuel trigger worry at RBI policy panel’s meet )

Also on site :

• Gemini Space Shareholder Alert: ClaimsFiler Reminds Investors With Losses In Excess Of $100,000 Of Lead Plaintiff Deadline In Class Action Lawsuit Against Gemini Space Station, Inc. - GEMI
• Three Asias, three different playbooks: How PepsiCo’s Anne Tse views the world’s fastest-growing snack market
• Trump admits Melania doesn’t like the sound of construction at the White House but ‘it makes me happy’