"The time is apposite to further strengthen domestic macro-economic fundamentals", the central said in a statement following a monetary policy committee (MPC) meeting.
Any dovishness from the RBI will be welcomed by bond traders who were until recently reeling under large losses after the 10-year benchmark government security yield rose to 8.23 percent, before easing to 7.57 percent as inflation concerns abated.
Over the past five years, annual inflation saw its lowest level in April 2013, with 6.13 percent, and its highest level this October.
The RBI, however, lowered inflation forecast sharply for the second half (six months) of 2018-19 to 2.7 per cent-3.2 per cent. But, it also foresaw inflation picking up again, projecting a rate of between 3.8-4.2 per cent in the first half of fiscal 2019/20, with risks tilted to the upside. Experts believe the apex bank will maintain a status quo on interest rates easing inflation.
The RBI also held its economic growth forecast for the fiscal year 2018/19 ending in March at 7.4 per cent.
While there was no rate action, the RBI said banks' Statutory Liquidity Ratio (SLR), which is a slice of deposits that banks have to invest in Central and State government securities, will be reduced by 25 basis points every quarter, beginning January 2019, until it reaches 18 per cent of deposits from 19.5 per cent now.
This is for the second time in a row that the central bank did not tinker with the interest rate. It is worth mentioning that the RBI, in its last bi-monthly meet in October, kept rates unchanged after two consecutive hikes starting June. "We perceive that India is slowly entering into a low inflation, slowing growth quadrant". PM Modi's government has faced criticism over the distress among farmers and small businesses.
Policymakers have to nurse the shadow banking sector after a series of debt defaults by a major infrastructure lender.
Oh is coming off a surprise hit in BBC America's Killing Eve , for which she serves as executive producer and star. This marks the second time a pair will host the show after a three year stint by Amy Poehler and Tina Fey .
Panfilo Lacson, democracy sometimes give voters a jocular leader. "That's part of what they want to do", she told reporters . If the audience is laughing, you are joking. "If you're poor, you get killed or jailed", Naguit said.
In past years, finishing 17th in an 18-man field might spell doom for the tournament host, at least in the eyes of fans and media. And with five par 5s and a pair of reachable par 4s at Albany Golf Club, plenty of birdies should be available.
Different TV makers call it by different names, including Sony's MotionFlow , Samsung's Auto Motion Plus and LG's TruMotion . Viewers have also complained that the action looks "too real" and excessively sharp.
Taking to his Instagram Stories, he wrote: 'Trolls always wanna create some fake s**t to destroy real love. Rapper Travis Scott paid a visit to Harvard College on Sunday, and it wasn't to attend a class.
Across France, four people have been killed in accidents linked to the demonstrations and road blockades, and hundreds injured. 'He won the French title at PSG, but they didn't succeed in the Champions League and some players didn't show respect to him.
Meanwhile, shares in oil producers that had been either benefiting or were insulated from the discount prices were little changed. Oil prices have been sagging, with US crude recently dipping to near $50 a barrel on renewed oversupply fears.
Asked whether that was a realistic proposition, he added that it was "possible", but that realistic was "maybe too strong a word". The following month it was hoped a deal could be agreed with businesswoman Amanda Staveley's PCP Capital Partners group.
Reports on Twitter indicate that two USA military aircraft have crashed during a midair refueling operation off Iwakuni, Japan . The statement concluded by saying that " the investigation is ongoing " and " no other information is yet available ".
Following the footsteps of a certain fruit-based competitor, Google is putting all their eggs in the Android Messages basket. Select Settings Chat Export messages from chats or Export stored media from chats, and select where to store them.
It was not clear whether the group would face charges and deportation or if they had requested asylum in the United States. The pictures emerged as it was revealed thousands of desperate families are resorting to crossing the border illegally.
Brady jokes he’s retiring to stay at 1,000 rushing yards
Noted clydesdale Brady reached the long-awaited 1,000 rushing yard mark in the first quarter against the Vikings on Sunday. On Instagram Monday, the Patriot quarterback said he could call it a career after reaching the milestone he most coveted.
Ban Ki-moon urges N Korea to take denuclearization steps
He said he hopes to take a two-track approach with Tokyo on North Korea, . something he says Japanese government will agree on. Trade is also likely to feature, following New Zealand and South Korea signing a free trade agreement in 2015.