With private consumption growing 3.6 per cent versus 18.1 per cent for government in April-September 2009, and investment growth falling to around half, any decision on phasing out has to be taken carefully.
Peeved at the delay in getting the approval of the Bangladesh government, Tata Group on Wednesday hinted that it may shelve plans to invest over $3 billion to set up power, steel and fertiliser projects in the country.
Better supply management and check on hoarding should be able to prevent food price spikes
Chances of a rate cut in April improve if core inflation continues to ease, growth falling below the projected 7.2% for FY19 and if the global trade slowdown exacerbates.
Brokerage firm CLSA says in its interactions with government officials, measures such as the dollar-deposit scheme were under consideration.
Instead of a rate hike, or even a pause, there could be a window for the RBI for an interest rate cut
The sharp fall in rupee since the beginning of May will make things difficult for the central bank which is on the path of easing the monetary policy to revive growth.
The rupee will largely remain stable but with a mild depreciating bias in the next one year
Hailstorms may cause Rs 12k-cr crop damage, El Nino a bigger worry.
There's need to address growth, but weak rupee putting pressure on prices.
There is a near consensus that at least a 25 basis points cut, if not 50, can be expected in the June policy.