The author is a Reuters Breakingviews columnist. The opinions expressed are her own.
Financial markets and borrowers rooting for the Reserve Bank of India to ease policy this year could be in for a disappointment - in stark contrast to 2015 when it lopped 125 basis points off the repo rate.
The Reserve Bank of India is widely expected to cut interest rates just once in 2016, as most analysts see retail inflation rising slightly above the central bank's target, but there is a decent chance it could cut more aggressively, as it did last year.
from India Insight:
India has every chance of becoming an export powerhouse, Prime Minister Narendra Modi's top economic adviser Arvind Panagariya told Reuters, despite an ill wind blowing from China that has hurt the ability of Asia's third-largest economy to compete.