"With a comfortable inflation trajectory, the RBI has room to cut rates further by 25-50 basis points (bps). However, given the strong Q1 GDP number along with the recent consumption boost from GST cuts, we do not expect the RBI to cut policy rates further in the current cycle," Sakshi Gupta, principal economist, CPI-based inflation rose to 2.07% in August from July's eight-year-low of 1.61%, data released on Friday by the National Statistics Office showed. With this, inflation has entered the RBI's medium ...