Morgan Stanley expects the Reserve Bank of India to start cutting rates from June 2024, with both retail and wholesale inflation figures remaining at a manageable level.
Indian stock indices closed Monday's trade largely on a steady note, as investors await retail and wholesale inflation data for March due later this week.
New Delhi [India], August 4 (ANI): The three-day Reserve Bank of India's monetary policy committee meeting commenced on Wednesday and it is highly likely the six-member panel will go for another interest rate hike to curb rising domestic inflation.