India, June 5 -- What It Is, Why It Matters, and How It Moves Markets- The RBI Monetary Policy Committee (MPC) outcome at 10:00 AM IST is one of those financial moments that people track super closely, it can sort of set the vibe for equity, bond, and currency markets. Right after it, Governor Sanjay Malhotra usually speaks, then there's a fuller press briefing which, in a way helps explain the policy stance, bit by bit. The MPC itself is a six-member statutory body, created under the RBI Act, 1934, and it was set in motion in 2016. It has a key responsibility, setting India's benchmark repo rate. The mission sounds straightforward on paper but in practice it gets tricky: keep inflation anchored, while also making sure growth does not lose ...