The US Federal Reserve’s 0.25% interest rate increase was expected and paved the way for India’s reserve bank to take a measured approach to policy-making, according to analysts. Edelweiss mutual fund’s Managing Director and Chief Executive Radhika Gupta said the Fed statement permitted the potential for more rate hikes, but the Indian economy currently didn’t need further increases.
Festivals take e-toll collections to a record ₹6,000 crore in October
India witnessed its highest-ever monthly electronic toll collection in October, reaching ₹6,114.92 crore. This surge, a 7.6% increase from the previous six-month average, signals robust
November 13, 2024