Green shoots tracker

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Wholesale price index-based inflation in March at a 40-month low of 5.96%; non-fuel and non-food inflation fell to a three-year low of 3.41%; data raise hopes of a rate cut by RBI in its May monetary policy review

BRENT CRUDE PRICES Drop in prices of Brent crude (at about $100 a barrel) and gold (down 5.34%) dispelled worries about the country's high current account deficit.