Uday Kotak warned against excessive protectionism, urging India to embrace competition instead of shielding domestic industries with high tariffs. While some protection is needed for emerging sectors, excessive barriers can stifle innovation, reduce productivity, and hinder India’s integration into global supply chains, ultimately limiting long-term economic growth and competitiveness.
Market expects one more rate cut as inflation stays benign
Indian economists and bond market experts expect another quarter percentage point cut in policy rates. This follows the Reserve Bank of India’s recent rate reduction
December 9, 2025