Truce may make life easier for India's MPC, just a tad

The decision by the US and Iran to halt the war is likely to give the six-member panel that sets India’s interest rates some breathing room, easing concerns over oil-led inflation that had clouded its outlook.

- Shayan Ghosh

Until now, the panel had been grappling with the uncertainty over when and how the over three-month-old war would end. Experts are also quick to caution that while a breather could be in the offing, policymakers are unlikely to lower their guard just yet.