#501 Why The Markets are Wary of a RBI Rate Cut
On Episode 501 of The Core Report, financial journalist Govindraj Ethiraj talks to DK Joshi, Chief Economist at CRISIL. We also feature an excerpt from our interview with Arvinder Singh Sahney, Chairman of Indian Oil Corporation Ltd. (IndianOil) as part of our Energy Special series with IEW. SHOW NOTES (00:00) Stories of the Day (01:09) Why the markets are wary of a RBI rate cut (03:19) What is the RBI faced with in its calculations on a possible interest rate cut (09:48) The Rupee hits another record low (10:56) Rural demand stays strong, lifts consumer goods sales 11% in last quarter…
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