Saturday, October 10
The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) is set to begin its two-day meeting in Mumbai, where they will assess the interest rate scenario. Economists are split on the extent of the rate cut that the central bank should announce on June 6. Some analysts advocate for a robust reduction of 50 basis points (bps) to stimulate economic growth, while others prefer a more cautious approach with a 25 bps cut, citing the need for macroeconomic stability and external risks.This difference in perspective arises from the changing macroeconomic environment, characterized by a notable decline in retail inflation, which has dropped below the 4 percent threshold. Meanwhile, the outlook for domestic economic growth remains positive. Nevertheless, factors such as global monetary
