The US economy entering a ‘technical recession’ is not good news for India and the world. But analysts said one should not see too much into the GDP print, as other data points in the world’s largest consumer economy still suggest resilience. If anything, the GDP print could persuade the Fed to go slow on the pace of rate hike. The data could also weaken the dollar, offering some respite to the rupee, and halt foreign equity outflows in the short term.
RBI in wait-and-watch mode despite easing West Asia risks: Sanjay Malhotra
Despite easing West Asian tensions, the RBI remains cautious, with Governor Sanjay Malhotra emphasizing data dependency over pre-set interest rate paths. While the truce offers
June 24, 2026