Abhishek Upadhyay of I-Sec PD on inflation & rate cut

The minutes of the monetary policy committee's (MPC) latest meeting where the repo rate was cut by 25 basis points paints a dovish picture. It shows that the panel's focus is on "spurring growth" as the inflation outlook remains benign. Abhishek Upadhyay, senior economist at ICICI Securities Primary Dealership (I-Sec PD) spoke at length about MPC minutes.