The Economic Times

Uneven monsoons, El Nino pose upside risks to inflation; another RBI hike possible: Report

Uneven monsoons and the possibility of El Nino conditions could pose upside risks to food inflation in FY27, keeping the Reserve Bank of India (RBI) open to another interest rate hike despite expectations of gradual moderation in overall price pressures, according to a report by Nuvama Institutional Equities.