Takeaways from Monetary Policy Committee (MPC) commentary: MPC's view on inflation: Witnessing the fifth consecutive month of easing, CPI inflation over the last five month eased sharper than expectation mainly driven by deflation in prices of vegetables and pulses. The committee is of the view that during the same period inflation excluding food and fuel or core inflation has been remained sticky at around 4.9%. While, continued hardening of the core inflation could check the downward momentum in inflation, headline CPI is likely to remain below 5% in Q4FY17 despite reducing impact of demonetization on demand and rebounding in the prices of vegetables. For the medium...