Is the time right for a rate cut?
India's Wholesale Price Inflation saw a minor uptick, but with core inflation easing to below 4 per cent levels, there's growing consensus now that the RBI will cut rates as it meets for its credit policy on March 19. Experts Harsh Roongta, CEO of Apnapaisa; Dr A Didar Singh, secretary general of FICCI; Renu Kohli, lead economist at ICRIER-DEA G20 Research Programe and former staff member of IMF and RBI, and Aditi Nayar, economist at ICRA, discuss whether it is the right time for RBI to cut rates and and what lower rates and lower inflation could mean for industry, for the consumer and for a revival in growth.
