Due to the global demand slowdown, India’s exports contracted for the second consecutive month in January, dipping by 6.6 per cent to USD 32.91 billion. During April-January this fiscal, goods shipments rose by 8.5 per cent to USD 369.25 billion, while services exports were estimated at USD 272 billion in the period.
Fed’s Jefferson urges patience on rates; Kashkari sees more hikes ahead
Federal Reserve Vice Chair Philip Jefferson stated that he sees no immediate need for further interest rate adjustments. He emphasized that future decisions would depend