RBI Will Extend Rate Pause, Says DBS Bank's Rao

The video discusses the Reserve Bank of India's (RBI) monetary policy, highlighting its recent pause in rate hikes and the potential for future actions based on inflation risks. It also examines the impact of the monsoon season on the Indian economy, particularly in agriculture, and the government's preemptive measures to support farmers. The potential effects of the El Nino phenomenon on rainfall and food production are also considered.

In what ways could the monsoon season impact the Indian economy and RBI's policy decisions?

What role does the El Nino phenomenon play in the context of agricultural production and inflation risks?