The views in India’s Monetary Policy Committee have become louder with outgoing members Ashima Goyal and J R Varma warning about the risks of a ‘higher-for-longer’ interest rate approach to economic growth. Both members voted for a repo rate cut, citing concerns over excessive monetary tightening’s impact on growth.
Raymond Lifestyle Q2 Results: Profit slides 70% YoY to Rs 42 crore
Raymond Lifestyle witnessed a significant 69.72% drop in its consolidated net profit for Q2 FY’25, reaching Rs 42.18 crore. This decline is attributed to subdued