To be sure, with inflation levels above the target band for over six months, the Reserve Bank has cumulatively raised the benchmark policy repo rate by 90 basis points ( one bps is 0.01 per cent) since may and is now at 5.4 per cent Though economic activity was sluggish in July compared to June, the recovery in the Indian economy is expected to gain momentum going by the preliminary indicators like investment in capex and pick up in consumption demand.
Updater Services IPO to open on September 25. Here are 10 things to know about the offer
The company offers integrated facilities management (IFM) services and business support services to its customers, with a pan-India presence. Its portfolio of services evolved over