RBI promises to be nimble footed. Honestly, as an economist it is now becoming more difficult to predict the timing of the first rate cut in India, says Indranil Pan of Yes Bank.
Volatility in food prices continues to be the critical risk for the RBI as it could de-anchor household inflation expectations and generalize price pressures.
Budget News: Budget 2024 income tax: The common man and middle class have high expectations for income tax relief in Budget 2024. Experts are divided on whether relief can be expected. Various suggestions include changes in tax slabs, tax rates, and standard deductions. The new income tax regime and its impact on savings is also a point of discussion.