RBI can’t budge on rates due to inflation target: Economists
Posted on by
Economists predict interest rates will stay high due to inflation exceeding the Reserve Bank of India’s target. Despite this, government officials are urging rate cuts to stimulate the economy. Experts highlight that while lower rates can encourage spending and investment, other factors like income and capacity utilization play a significant role.
The Nasdaq crossed 20,000, a historic first. Tech stocks soared on AI hopes and rate cut expectations. The index jumped 33% this year. Apple, Nvidia, […]
Irish budget airline Ryanair reported falling net profit for the second quarter on Monday and revised down its passenger growth target following delays in deliveries […]
Indian stock markets experienced a significant downturn, mirroring the decline in Adani Group stocks following accusations of fraud and bribery in the US. The BSE […]
