India's policymakers see a 'Goldilocks scenario' with a 4.5% inflation and 7% growth forecast for FY25, suggesting a balanced economy. The Reserve Bank of India's Monetary Policy Committee agrees on the need for caution amid uncertainties. While optimistic about growth, economists urge vigilance due to global headwinds. Nomura expects a cumulative 100 bps rate cut, while others predict a pause until H1FY25.