Latest Updates Around The World
The RBI may announce a 25 basis point cut in repo rate at the upcoming December monetary policy meeting, driven by a sharp decline in inflation and strong growth momentum, a report by credit rating agency CareEdge said on Tuesday.According to the report, inflation fell to a ten-year low of 0.3 per cent in October, […]
India’s government bond hit a two-week high on Wednesday as belief grew that the central bank will cut interest rates at its policy meeting next week.Bonds have risen three times in a row after Reserve Bank of India Governor Sanjay Malhotra told local media that recent macroeconomic data has not limited the scope for a […]
