RBI focus is on clarity in communication since it adopted flexible inflation targeting: Deputy governor Michael Patra

The Reserve Bank of India (RBI) is prioritizing clear communication in its monetary policy, aligning with global practices. While the RBI emphasizes transparency, it refrains from providing specific forward guidance on inflation. Research indicates that the RBI’s communication tone significantly influences market expectations, particularly during periods of monetary policy tightening.

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Toll mopup may top Rs 70,000 cr in 2024

India’s toll collection in 2024 may exceed ₹70,000 crore as daily collections grow due to new toll plazas and increased economic activity. With 164 toll

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