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Diksha Ramesh
New Delhi, December 30, 2016
With so many events happening throughout  the year, Indian economy has seen some major ups and downs. From the demonetisation shock to the landmark GST passage, 2016 witnessed it all.


PTI
New Delhi, December 28, 2016
The BSE 30-share Sensex soared to a high of 29,077.28 in September backed by consistent FII inflows, which totalled Rs 51,293 crore in the first nine months, but later crashed to a low of 22,494.61 before ending at 26,213.44 on December 27, registering a net gain of 95.9 points, or 0.36 per cent from its last year-end close of 26,117.54.


Reuters
New Delhi, December 21, 2016
The minutes showed that all members of the committee considered that the impact on growth of demonetisation of large denomination bank notes would be transitory.


Reuters
New Delhi, December 10, 2016
Both of Urjit Patel's policy reviews so far have wrong-footed investors, raising frustration that they are unable to get a handle on where monetary policy is headed in Asia's third-largest economy.


Anand Adhikari
December 7, 2016
For a change, the market was surprised  with the 'pause' decision of the monetary policy committee. The 6-member MPC have taken a decision to keep the repo rate unchanged.


PTI
Mumbai, December 7, 2016
The benchmark BSE Sensex slipped into negative terrain and plunged almost 228 points to 26,164.82 on selling pressure soon after the Reserve Bank surprisingly kept short term lending rate unchanged and lowered GDP growth rate to 7.1 per cent.


BT Online
New Delhi, December 7, 2016
Taking markets by surprise, RBI Governor Urjit Patel-led 6-member Monetary Policy Committee announced the decision to keep the repo rate unchanged contrary to wide speculation that RBI will cut 25 basis points.


BT Online
December 7, 2016
This is the fifth bi-monthly monetary policy of the RBI and the second monetary policy statement after Urjit Patel  took over as RBI Governor. The RBI decision comes at a time when the nation is facing a cash crunch due to the government's demonetisation move which is one of the main driving factors that led to the cut.


BT Online
New Delhi, December 7, 2016
The S&P BSE Sensex surged to 128 points in midday trade amid expectations that the Reserve Bank of India would cut the repo rate by 25 basis points to 6.00 per cent today.


PTI
New Delhi, December 7, 2016
Among bank stocks, State Bank of India rose 1.06 per cent, while PNB jumped 2.01 per cent, Federal Bank (4.39 per cent) and Yes Bank (2.05 per cent) on BSE.


BT Online
December 6, 2016
The Reserve Bank of India monetary policy committee (MPC) is widely expected to cut repo rate and adopt a growth supportive stance. This will be RBI governor Urjit Patel's second monetary policy.


PTI
New Delhi, December 5, 2016
According to the global financial services major, the RBI policy committee is expected to take a 'growth-supportive' stance as the government's recent banknote ban has raised downside risks to growth for at least two quarters, beginning the October-December quarter.


PTI
New Delhi, November 7, 2016
\"After the unanimous rate cut call in the MPC and going through minutes of the meeting, we feel the RBI will go for another 25 bps rate cut in the December review. However, we are not expecting for more cuts after December,\" HSBC India Chief Economist Pranjul Bhandari told PTI.


Reuters
Bengaluru, October 18, 2016
New RBI Governor Urjit Patel and his six-member Monetary Policy Committee used the same rationale for their surprise 25 basis point (bps) cut to 6.25 percent earlier this month, the lowest since November 2010.


BT Online
October 13, 2016
India's retail inflation, measured by the Consumer Price Index (CPI), recorded a steep decline in September to 4.31%  from 5.05% in August.


Reuters
October 12, 2016
The recently formed Reserve Bank of India Monetary Policy Committee, under new Governor Urjit Patel, cut rates by 25 basis points to 6.25 percent in a surprise move earlier this month, after inflation hit a five-month low in August.


Renu Yadav
October 5, 2016
This may be disappointing for many who were expecting their equated monthly instalments (EMIs) to go down substantially after the repo rate cut by the RBI.


BT Online
October 4, 2016
The repo rate after RBI Governor Urjit Patel's announcement today stands at 6.25 per cent after a reduction of 0.25 per cent. This is the rate at which the RBI lends money to commercial banks. With lending becoming cheaper, banks will be in a position to reduce interest rates on home and auto loans, bringing relief for the middle class.


BT Online
New Delhi, October 4, 2016
This is the first RBI policy that was decided under the new Monetary Policy Committee (MPC) framework. This was the fourth bi-monthly monetary policy of the RBI.


Anand Adhikari
October 4, 2016
In his maiden monetary policy review in Mumbai on Tuesday, the 52-year-old Governor, who also coincidentally chaired the first meeting of the new six-member monetary policy committee (MPC), announced the decision to slash the repo rate by 25 basis points to 6.25 per cent.


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