thenewsfacts.com
  • Home
  • Latest News
  • Trending News
  • Entertainment
  • Technology
  • Sports
  • Business
  • Health
thenewsfacts.comthenewsfacts.com
Font ResizerAa
Search
  • Home
  • Latest News
  • Trending News
  • Entertainment
  • Technology
  • Sports
  • Business
  • Health
Follow US
© thenewsfacts : All Rights Reserved.

Home » RBI Sept 21 Update: Indian Economy on a Bright Path

Latest News

RBI Sept 21 Update: Indian Economy on a Bright Path

TheNewsFacts
Last updated: September 16, 2021 5:33 pm
TheNewsFacts
Share
RBI Sept 2021 update
SHARE

RBI (Reserve Bank of India ) in their September Bulletin has stated that the prospects are brightening for the India economy as the second wave wanes and preparedness for the future remains on war-alert status. The RBI bulletin was released on September 16.

A highlight of this RBI issue of the State of the Economy is an analysis of the divergences in monetary policy actions between emerging market economies and their correspondence with underlying macroeconomic performance. The broad findings are:

RBI September Bulletin – Updates & Highlights

  • Countries that have tightened monetary policy are also growing/forecast to grow rapidly, with several of them being commodity and services exporters benefiting from the boom in commodity prices and revenge tourism. A few EMEs are also beneficiaries of spillovers and trade advantages from better growth prospects in the US.
  • Some of them are the most aggressive rate hikers of 2021 and have registered a near doubling of net exports in Q2 over Q1; a few of these EMEs recovered to their pre-pandemic level of output by Q2 itself.
  • Countries that are on a pause despite medium to high inflation are those where economic rebound is not as sharp as the decline last year and/or compare unfavourably in terms of proportion of the population that is fully vaccinated.
  • There are a few EMEs, which have undertaken further monetary stimulus or expected to follow suit include countries where inflation is low, albeit, rising; as also those which had fast recoveries from the pandemic but growth seems to be stalling, as per recent high frequency indicators.

Aggregate demand is gaining firmer ground, while on the supply side, IIP (Index of industrial production) and core industries mirror improvement in industrial activity and services sector indicators point towards sustained recovery, the Bulletin said.

On September 16, the RBI released the September 2021 issue of its monthly bulletin.

According to the bulletin, the trajectory of inflation is shifting down more favourably than anticipated.

“As pandemic scars heal and supply conditions are restored with productivity gains, a sustained easing of core inflation can be expected, which will reinforce the growth-supportive stance of monetary policy,” the bulletin said.

TAGGED: COVID-19, Indian Economy 2021, RBI, RBI Sept 2021 Bulletin, Reserve Bank of India
Share This Article
Twitter Email Copy Link Print
Previous Article An expert insight into Microsoft Buyback of $60 Billion in Shares An expert insight into Microsoft Buyback of $60 Billion in Shares
Next Article Ozone Day 2021 - India Shares its Success Story Ozone Day 2021 – India Shares its Success Story

Your Trusted Source for Accurate and Timely Updates!

We're committed to providing accurate and unbiased news as it unfolds, earning the trust of a large audience. Stay informed with our news updates on the latest events and trends, keeping you ahead of the curve.
FacebookLike
TwitterFollow
InstagramFollow

Popular Posts

Reddit, Google Signs AI Content Licensing Deal Valued at $60M Yearly

Feb 24: Google and popular social media platform Reddit have reportedly signed a deal to…

By NewsFacts Bureau

Errol Musk makes a startling revelation about an unplanned child

Errol Musk, the father of tech tycoon Elon Musk, claims he and his 35-year-old stepdaughter…

By TheNewsFacts

IPEF Deal: India’s Strategic Shift to Sustainable and Transparent Economies

September 22, 2024: New Delhi, September 22, 2024 — In a pivotal moment for international…

By NewsFacts Bureau

You Might Also Like

AI Grand Challenge 2025
Latest News

Startup AI Grand Challenge: Apply Now for Big Benefits

By NewsFacts Bureau
NSA 5.0
Latest News

NSA 5.0: Your Startup’s Shot at National Fame

By NewsFacts Bureau
AI-171 Crash
Latest News

AI-171: AAIB Preliminary Report Blames Fuel Cut for Fatal Crash

By NewsFacts Bureau
Panchayat 4
Latest News

Panchayat 4 Rules OTT, Season 5 on the Way

By TheNewsFacts
thenewsfacts thenewsfacts

About US


TheNewsFacts: Brings you the interesting facts, news facts and updates from India an the world across politics, tech, entertainment, business, tending, and more. We deliver what you love to read.
Top Categories
  • Latest News
  • Trending News
  • Paris Olympics 2024
  • Sports
  • Entertainment
  • Business
  • Technology
Usefull Links
  • About The News Facts
  • Latest News
  • Privacy Policy
  • Editorial Policy
  • Disclaimer
  • Contact Us
Follow us
Facebook Twitter Instagram

© thenewsfacts. All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?