no.more to be done still

RBI might cut rates as the FM has indicated that RBI should take calibrated risk

There will be status quo

Economic councils set by the present government guide the formulation of all policies according to conservative text book theories. Those in the RBI are no exception as seen during the last two years. There is no chance of inflation coming down with super social programmes for the benefit of rural population across the country. RBI would stick to inflation going upward and hold on to the present status quo - no rate cut at all on 30 October next.

Then we will see more inflation.

No, RBI will perhaps move when our growth hits the average forecasts made all the rating agencies and institutions i.e. 4-4.5%.

We haven`t learnt from the experience of the US and EU and continue to follow the obsolete policy of tight money to curb inflation which has failed to work for the last two years?????

rbi does not have the right rationals; do mot expect them to do the right thinks

One season expenses = cool and wholesome drinking water in all villages of india = 100%grain storage capacity

Interest rate cut is not yet justified. But chidambaram wants a "committed rbi", just like the congress wanted "committed judiciary" during emergency. Therefore a tussle between pc and rbi exists. Who will win is difficult to predict.

ofcourse not, although RBi may cut interest rates if inflation is 7.75..according to mine 40-60 chances are there.wil see

Yes,rate cut is not predicted til nxt 30th oct.although if inflation figure 7 or more,then there might be chance..will see.

NO RBI WILL NOT CUT RATE UNTILL INFLATION COME DOWN.

nothing to cheer about till date on modest IIP growth,why do we forget the inflation and mismanagement by the govt. by not taking timely action,whatever decisions are being taken are in haste as if congress will not see another day in power.

Though RBI has appreciated the steps taken by the government, it is insisting the credible on ground reality of reduction of inflation, before asking it to cut the rates. It is right in asking so. It is expected that the today inflation numbers will be higher than the previous month figure, there by not meeting the condition of RBI. Hence the chances are bleak for October 2012. Interestingly, the banks are asking aggresive CRR cut rather than the rate cut. They say more liqudity and higher return on their funds will give them room to reduce the rates. Probably from RBI point of view, this course of action makes sense.

Will the modest IIP growth be sufficient for the RBI to cut interest rates on October 30?