The Reserve Bank of India is expected to hold its key interest rate steady in June. However, economists now foresee at least one rate hike by the end of the year. This shift is driven by concerns over elevated oil prices and a weakening rupee. Inflation remains below the RBI's target, providing little immediate pressure for action.

Retail inflation may reach 5 percent by June due to fuel price increases and higher gold and silver import duties. Economists believe the Reserve Bank of India will observe the…

The Reserve Bank of India is expected to hold its key interest rate steady in June. However, economists now foresee at least one rate hike by the end of the year. This shift is…