In India inflation is still on higher end, another rate cut will boost this inflation.India is passing through high economic crises since one end inflation is not ready to come down on other hand Liquidity depression stopping country to move forward.
Rupees fallen again become biggest hit to country economic failure. New investment are not coming to India. Jobless data increasing. In Such a time government should encourage export and also make some more lucrative policy to keep India as a investment place across globe.
India is also very lackluster on infrastructure .Last Week India's Prime minister Dr. Manmohan Singh keep pushing all the infra plan like new Airport and highway projects.
Finger cross for retail investor in Indian market since they are expecting some turn around in left years of current government. FDI in retail is still big decision pending from long . It would come in next phase of the year ,may be big boost for Indian economy.
Another rate cut will be positive for market but no sustain it for long since this time global factor are more major specially from Spain and Greece.
