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.
Gainers & Losers: Motilal Oswal, SBI Life among 7 stocks in action on Friday
Indian benchmark indices declined for the second consecutive session, with the Sensex shedding nearly 600 points amid rising geopolitical tensions. Stocks like SBI Life and