RATE CUT ON THE CARD!!!!

looking the way our market behaved in last of few days along with government's mounting pressure on RBI, followed by sharp cut in commodities, mainly cooling of crude and bottoming-out of Indian rupees, it is now look inevitable to rate cut by apex bank at any time soon, even before scheduled meeting later this month. the rate cut will also firmly supported by good monsoon and harvesting of food crop this season. Also, their is seems like lot of pressure from government on RBI about their views of moderate in rate cut scenario, as we already seen that officially also finance ministry strongly advised to the bank about lowering rates. so get set ready for 50 bps cut in rates any time soon.