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RBI's Rate Stance and Fiscal Targets
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Overview
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RBI likely to maintain rates until Q3 2024, with potential first rate cut in the third quarter. Finance Minister announces fiscal deficit target reduction for 2024-25.
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How could the potential first rate cut in the third quarter affect borrowing costs and investment decisions?
How might the RBI's decision to maintain rates impact the Indian economy's growth trajectory?
What are the potential implications of the fiscal deficit target reduction for infrastructure and long-term reforms?
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