Rising crude oil prices, fuel price hikes, and mounting inflationary pressures have triggered fresh concerns over the Reserve Bank of India’s (RBI) policy trajectory, with several fixed-income experts now seeing the possibility of a 50-75 basis point rate hike over the coming quarters if commodity prices remain elevated.
The macro environment, which was considered one of India’s key strengths just a few months ago, is now facing renewed pressure from global uncertainties, rising energy prices, and geopolitical tensions in West Asia.
