RBI Likely to Push Back Rate Cut, Nirmal Bang Equities' John Says

The video discusses the current state of CPI inflation, driven by food prices, particularly vegetables. It explores the impact of monsoon and base effects on inflation, noting potential reversals. Government fiscal measures are analyzed, revealing limited actual expenditure despite claims of significant stimulus. Economic indicators show signs of recovery, with a majority in positive territory, but caution is advised due to previous poor performance. The RBI suggests a possible return to positive growth, though uncertainty remains.

What indicators are being tracked to assess economic recovery, and what percentage of them are currently in positive territory?

What caution is expressed regarding the economic indicators from the previous year?