According to an ET poll with 16 respondents, the six-member rate-setting panel is seen maintaining the benchmark policy repo rate at 6.50% during the June 6-8 meeting, marking the second consecutive instance of it holding off on policy tightening. The respondents were unanimous in their expectation.
No need to panic, over medium term, India to become a standout destination: Nilesh Shah, Envision Capital
Nilesh Shah of Envision Capital says it is not time to panic. Big bear markets were seen during COVID, during the global financial crisis or