Does the tax U-turn mean interest rates won't rise to 6% as predicted?

The government has reversed some of its tax cuts, but have they gone far enough?

NTPC Limited (NTPC.NS)

NSE - NSE Real-time price. Currency in INR

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162.30

+1.95

(+1.22%)

As of 12:42PM IST. Market open.

Major holders

Currency in INR

51.12%	% of shares held by all insiders
40.04%	% of shares held by institutions
81.92%	% of float held by institutions
174	Number of institutions holding shares