Despite low inflation print, RBI may hold firm on rate cuts
Inflationary pressures finally seem to be abating with the Consumer Price Index (CPI) easing sharply in May to a 25-month low of 4.25% year on year (y-o-y). This is inching closer to the Reserve Bank of India’s (RBI) medium-term target of 4%. If pricing pressures continue to ease in June,Read More →