HSBC Chief India Economist Pranjul Bhandari expects the Reserve Bank of India to keep interest rates unchanged at its upcoming policy meeting but believes policymakers may adopt a more hawkish stance as higher crude oil prices and rupee weakness increase inflation risks.
Trump’s looming tariff plan, RBI uncertainty, Q4 earnings caution, lack of fresh triggers, and technical resistance send Indian markets into a tailspin.
April 1, 2025:...
