Everybody is waiting for RBI: Piyush Goyal on room for rate cut
Speaking at an event in Delhi, Union Commerce Minister Piyush Goyal said, "Everybody is waiting for the Reserve Bank of India (RBI) to reflect on the current inflation numbers." The remark comes ahead of RBI's upcoming bi-monthly policy review on December 5. Notably, retail inflation in October hit a series low of 0.25%, providing RBI with space for rate cut.