Rising KashmirRising KashmirRising Kashmir
  • Home
  • Top Stories
  • News
    • Kashmir
    • City
    • Jammu
    • Politics
  • Health
  • Anchor
  • Features
  • Interview
  • Video
Search

Archives

  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • November 2024
  • October 2024
  • September 2024
  • August 2024
  • July 2024
  • June 2024
  • May 2024
  • April 2024
  • March 2024
  • February 2024
  • January 2024
  • December 2023
  • November 2023
  • October 2023
  • September 2023
  • August 2023
  • July 2023
  • June 2023
  • May 2023
  • April 2023
  • March 2023
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022

Categories

  • Anchor
  • Breaking
  • Business
  • City
  • Developing Story
  • Editorial
  • Education
  • Features
  • Health
  • Interview
  • Jammu
  • Jammu and Kashmir News
  • Kashmir
  • Kashmir Tourism
  • Kath Bath
  • National
  • Opinion
  • Politics
  • Sports
  • Technology
  • Top Stories
  • Trending
  • Uncategorized
  • Video
  • Viewpoint
  • World
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Reading: RBI holds meeting to discuss, draft report on inflation mandate failure
Share
Notification Show More
Font ResizerAa
Rising KashmirRising Kashmir
Font ResizerAa
  • Home
  • Top Stories
  • News
  • Health
  • Anchor
  • Features
  • Interview
  • Video
Search
  • Home
  • Top Stories
  • News
    • Kashmir
    • City
    • Jammu
    • Politics
  • Health
  • Anchor
  • Features
  • Interview
  • Video
Follow US
© 2024. All Rights Reserved.
Rising Kashmir > Blog > Breaking > RBI holds meeting to discuss, draft report on inflation mandate failure
Breaking

RBI holds meeting to discuss, draft report on inflation mandate failure

ANI
Last updated: November 4, 2022 10:54 am
ANI
Published: November 4, 2022
Share
1 Min Read
SHARE

An out-of-turn meeting of the Monetary Policy Committee (MPC) of the Reserve Bank of India was held to discuss and draft the report to be sent to the central government for having failed in maintaining the inflation mandate.

The meeting was called on Thursday under Section 45ZN of the Reserve Bank of India (RBI) Act 1934, which pertains to steps to be taken if the central bank fails to meet its inflation-targeting mandate. The meeting was chaired by RBI Governor Shaktikanta Das and attended by all MPC members — Michael Debabrata Patra, Rajiv Ranjan, Shashanka Bhide, Ashima Goyal, and Prof Jayanth R. Varma.

Under the flexible inflation targeting framework introduced in 2016, the RBI is deemed to have failed in managing price rises if the CPI-based inflation is outside the 2-6 percent range for three quarters in a row.

For the record, India’s retail inflation surged to 7.41 percent in September, remaining above the mandated range of 2-6 percent for the third consecutive quarter.

Further details about the special meeting are not in the public domain. (ANI)

Ukraine eyes country’s accession to NATO next year
Eight teenage boys detained for dangerous bike stunts in Srinagar: Police
GMC Srinagar accords sendoff to MS SMHS, Dr. Tasneem Showkat
‘Article 370’ trailer: Yami Gautam in her fierce avatar as investigative agent grabs eyeballs
PCB threatens not to take part in World Cup 2023 if Asia cup moves out of Pakistan

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Whatsapp Whatsapp Copy Link Print
Previous Article Mother-daughter duo killed as landslide hits house in Poonch
Next Article Elon Musk begins mass layoffs at Twitter
Leave a Comment Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

1MFollowersLike
262kFollowersFollow
InstagramFollow
234kSubscribersSubscribe
Google NewsFollow

Latest News

“We are clear that talks and terror don’t go together”: MEA says on Pakistan
Breaking Jammu and Kashmir News
May 29, 2025
“Pakistan should be brought back to FATF Grey List”: Asaduddin Owaisi in Riyadh
Breaking
May 29, 2025
Five Persons injured in Rajouri road accident
Breaking
May 29, 2025
Cyber Police recovers Rs 3,26,308/- from online financial frauds in Awantipora
Breaking
May 29, 2025

Recent Posts

  • “We are clear that talks and terror don’t go together”: MEA says on Pakistan
  • “Pakistan should be brought back to FATF Grey List”: Asaduddin Owaisi in Riyadh
  • Five Persons injured in Rajouri road accident
  • Cyber Police recovers Rs 3,26,308/- from online financial frauds in Awantipora
  • “Keeping close watch on all criminal elements,” says Kishtwar Deputy Commissioner

Recent Comments

  1. BASHIR AHMAD BHAT on Poor hotel accommodation, lack of medical facilities irk Kashmiri pilgrims in Saudi Arabia, video goes viral
  2. sree vishnu movies on Pahalgam attack shatters Kashmir’s film tourism revival
  3. SavePlus on AI and Behavioural Analytics in Gaming: Making the World of Gaming Better
  4. Parul on Govt acknowledges faulty streetlights on Narbal-Tangmarg road
  5. dr gora on Women Veterinarians and the Goal of Viksit Bharat

Contact Us

Flat No 7,Press Enclave, Srinagar, 190001
0194 2477887
9971795706
[email protected]
[email protected]

Quick Link

  • E-Paper
  • About Us
  • Contact Us

Top Categories

Stay Connected

1.06MLike
262.5kFollow
InstagramFollow
234.3kSubscribe
WhatsAppFollow
Rising KashmirRising Kashmir
Follow US
© 2025. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?