Anticipation of a rate hike has increased in the past month as oil prices climbed, the rupee’s slide accelerated and concerns on liquidity emerged. Rising US interest rates, capital outflows from emerging markets and India’s weakening balance of payments and current account deficit are also expected to make the central bank act.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2zSlk3x
