Tata Sons' Listing Fate Hangs In Balance As RBI Deadline Expires — In This Economy

Happy Tuesday! It's monetary policy week again. This time around there is a 25-basis-point cut being priced in, bringing the benchmark repo rate down to 5.25%. Of the 37 economists polled, 11 expect a status quo, with the rest hoping for the central bank to bring down rates. While inflation is trending lower right now, it is expected to go above the 4% target by the end of the financial year. But alongside that, growth worries are also mounting. The question to ask though is this: with 100 basis points worth rate cuts already priced in, the government having cut GST rates on a whole host of products and additional savings from tax slab changes, how much more policy easing does India need? We'll watch what the monetary policy committee and the Reserve Bank of India finally announce on Wednesday.