RBI to cut interest rates in February: Moody's Analytics

Published on: Mon Jan 16, 2012 | 3 min, 46 sec

Glenn Levine, Senior Economist, Moody's Analytics (Australia) says that he expects the RBI to cut rates in February. He further told NDTV Profit that inflation in India seems to have been driven more by domestic food prices, which are independent of the currency. "It is hard to see the co-relation between the falling rupee and inflation," he said.

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Considering the mounting pressure, will the govt roll back petrol price hike?
 
Yes, only marginally
No
Can't say