Nomura said India’s terminal repo rate in this tightening cycle may rise to 6.1% by March 2023, against its earlier terminal rate projection of 6%. The repo rate currently stands at 5.4%.
Indian benchmarks indices ended lower on Wednesday, as advances in heavyweight financials and oil and gas firms were offset by losses in consumer stocks. Investors
Amit Syngle, MD & CEO of Asian Paints, highlights the competitive environment with new market entrants and challenges like fluctuating crude oil prices affecting the
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