RBI rate cut unlikely if oil volatility persists; rupee may weaken to 93-95: Kotak’s Upasna Bhardwaj

Kotak Mahindra Bank Chief Economist Upasna Bhardwaj and ICRA Chief Economist Aditi Nayar discussed how volatile crude prices could pressure inflation, the rupee and the current account deficit, and complicate the Reserve Bank of India’s rate decisions.