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Source: Business Standard RBI Governor Shaktikanta Das highlighted adverse weather conditions, ongoing geopolitical conflicts, and a rise in select commodities as the key threats to its inflation forecast.(Photo: Shutterstock) 4 min read Last Updated : Oct 09 2024 | 1:11 PM IST After the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) on Wednesday…
Source: Business Standard RBI, Reserve Bank of India | Image: Bloomberg 4 min read Last Updated : Oct 08 2024 | 9:07 AM IST By Anup Roy and Subhadip Sircar India’s new monetary policy committee may lay the ground for an interest rate cut on Wednesday as a wave of global easing kicks off and…
Source: Business Standard This marks the fourth RBI MPC meeting of the financial year 2024-25. | Image: Bloomberg 7:14 AM RBI MPC Meeting LIVE: Policy committee is set to discuss key issues influencing India’s monetary policy The MPC is set to discuss key issues influencing India’s monetary policy. That includes inflationary pressures on food and…
Source: Live Mint Next week on Wall Street will see several economic data including the important consumer prices inflation and Producer Price Index for last month. Investors will also have the minutes of FOMC (Federal Open Market Committee) from the September policy meeting. The economic data in the week ahead could give clues as to…
Source: Business Standard The central bank last hiked the repo rate to 6.5 per cent in February 2023 and since then, it has held the rate at the same leve (Photo: Shutterstock) 5 min read Last Updated : Oct 06 2024 | 1:54 PM IST The Reserve Bank is unlikely to cut the benchmark…
Source: Live Mint The yield curve is a key barometer in financial markets, illustrating how interest rates vary across bond maturities. Typically, an upward-sloping curve signals optimism about economic growth, with longer-term bonds offering higher yields. However, when the curve inverts—where short-term yields surpass long-term ones—it can raise red flags, often seen as a precursor…
Source: Live Mint US stocks surged on Friday after a strong labor report eased concerns about a slowdown in the jobs market. The US government data showed employers added 254,000 more jobs to their payrolls in September as compared to 159,000 in August. As of 12:55 pm Eastern time, the S&P 500 was up 0.5…
Source: Business Standard 5 min read Last Updated : Oct 04 2024 | 2:52 PM IST Developments in West Asia have triggered a panic-like situation across global equity markets. Puneet Wadhwa caught up with SHANKAR SHARMA, founder, GQuant Investech in New Delhi on his interpretation of the developments. Investor’s focus on China, he believes,…
Source: Live Mint The Indian stock market experienced a significant downturn on Thursday, 3 October, influenced by several key factors, including escalating tensions in the Middle East that have heightened geopolitical concerns and increased investor caution. Further, the release of US private employment data on Wednesday supported the view that the Federal Reserve does not…
Source: Business Standard Reserve Bank of India | (Photo: Shutterstock) 3 min read Last Updated : Oct 03 2024 | 10:58 PM IST Interest rates are expected to decline soon after remaining elevated for an extended period. After the US Federal Reserve’s recent 50-basis-point (bps) cut, other central banks, including the Reserve Bank of…
