India, Feb. 12 -- Indian shares may open a tad higher on Thursday as a bond sell-off paused and U.S. President Donald Trump said the U.S. and Russia will immediately begin negotiations toward ending the Ukraine conflict.
Closer home, signs of a slowing economy towards the end of 2024 and falling inflation reinforced the views that the Reserve Bank of India (RBI) will continue to loosen its monetary policy in coming months.
Economists expect another 75 basis points of reduction over the rest of this year, bringing the repo rate down to 5.50 percent following last week's 25-bps rate cut for the first time in nearly five years.
India's industrial production rose 3.2 percent year-over-year in December, slower than the revised 5.0 percent gai...