The consensus from the poll of over 30 economists suggests the RBI won't cut at its next policy meeting in August but will in the final quarter of the year, unchanged from a poll taken prior to th...
The move would put India on a different path to the United States, where the Federal Reserve is widely expected to begin tightening policy later this year.
The HSBC Manufacturing Purchasing Managers' Index, compiled by Markit, rose to 52.1 in March from 51.2. Any reading above 50 indicates a growth.
Rising food prices have pushed retail inflation a bit higher last month, but weaker demand prompted factories to slow output in December, a Reuters poll showed.
Tumbling oil prices and easier credit conditions are likely to boost consumption, but implementing reforms will also be key to sustaining that momentum.
Meanwhile, wholesale price inflation, which was flat in November, is expected to have picked up to 0.6 per cent in December. The WPI data is set to be released on Jan 14.
According to a poll of 28 economists by Reuters, consumer prices in September were forecast to have risen 7.2 per cent, weaker than 7.8 per cent in August.
The consensus by a survey of 26 economists reflects optimism about higher production in the electricity, cement, coal and steel industries.
The Sensex will gain nearly 5 per cent more to reach 28,000 by the end of this year and scale 30,750 by the middle of 2015, according to a Reuters Poll.
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