💨 Abstract

Analysts are reconsidering expectations for interest rate cuts in India due to the rupee's plunge to record lows, fueling concerns about inflation. The weaker currency could increase costs for imports, while rate cuts may dampen already minimal capital inflows. Analysts now expect rate cuts in April-June instead of February, citing external sector volatility as a reason.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖