RBI may defer rate cut call to February as inflation's still hot
Reserve Bank of India (RBI) Governor Shaktikanta Das has said the October inflation print could exceed September's 5.5%, and odds have lengthened on a durable win against inflationary pressures after the Trump victory raised the likelihood of both higher US borrowing and consumer prices — a combination that limits headroom to lower rates more quickly in the world's biggest economy.
«October inflation CPI numbers are again going to be very high, perhaps higher than the September numbers,» Das said at an event on November 6. The RBI governor emphasised that he had highlighted «significant upside risks to inflation». The RBI has projected CPI at 4.5% for FY25.
IDFC First Bank, who initially predicted a December cut, has now pencilled in February as the earliest date when India might begin easing rates. State Bank of India, the nation's largest bank, too, expects a February rate cut, the bank's chairman CS Setty said in its post-result conference.
Marketing
Digital Marketing Masterclass by Pam Moore
By — Pam Moore, Digital Transformation and Social Media Expert
Web Development
Java 21 Essentials for Beginners: Build Strong Programming Foundations
By — Metla Sudha Sekhar, IT Specialist and Developer
Finance
Financial Literacy for Non-Finance Executives
By — CA Raja, Chartered Accountant | Financial Management Educator | Former AVP — Credit, SBI
Astrology
Vastu Shastra Course
By — Sachenkumar Rai, Vastu Shashtri
Office Productivity
Zero to Hero in Microsoft Excel: Complete Excel guide 2024
By — Metla Sudha Sekhar, IT
