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The Reserve Bank of India's approach to rate adjustments is anticipated to be moderate and contingent on incoming data, influenced by global oil prices, monsoon patterns, and market dynamics, according to Ajitabh Bharti at CapitalXB. The central bank has noted external factors like U.S.-Iran tensions.
* Oil has continued to trend lower during Wednesday's APAC session as talks continue on the sidelines of this week's UN gathering. The fact negotiations are even taking place to facilitate Middle East energy shipments is driving optimism in markets but the situation remains very precarious. UST futures are higher, but