The US Federal Reserve’s decision to cut rates by 50 basis points is unlikely to prompt an immediate reaction from RBI. This move could help stabilize the rupee and lower borrowing costs. Experts have mixed opinions on its impact, with some seeing benefits for NBFCs while others remain cautious about broader economic effects.
Related Posts
Alibaba misses quarterly revenue estimates, weighted under consumer practices
Alibaba, the Chinese e-commerce giant, fell short of analysts’ profit and revenue expectations for the second quarter. The company’s performance was hampered by a decline […]
Is Nissan’s decline inevitable? Honda merger talks could hold key to survival
Nissan faces a potential bankruptcy within the next year due to a 70% profit plunge and a $60 million loss. The company plans a $3 […]