If you don't get any rate cut this Friday from Shaktikanta Das & Co, blame it on the weather

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Key Points

RBI is most likely to keep interest rates unchanged on Friday, with chances of an early cut fading after the government warned of a coming heatwave...

The Reserve Bank of India will likely keep its benchmark repurchase rate at 6.5% for a seventh straight policy meeting...

Our base case for interest rate cuts was June, but now August or October seems more likely, she said.. RBI Governor Shaktikanta Das said he wouldnt consider easing until inflation settles around the 4% target on a sustainable basis, reducing the chances of an early cut...

Prime Minister Narendra Modi, whos seeking a third term in office in elections starting in two weeks time, said April 1 that growth should be the central banks top priority over the next decade...

Like other emerging market central banks, the RBI tends to track Fed policy in order to keep its currency stable.. . Published on: Apr 04, 2024, 9:09 AM IST.

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