The Reserve Bank of India’s Monetary Policy Committee is expected to focus on faltering economic growth rather than inflation during its December 4-6 meeting. Despite calls for lower interest rates, the RBI’s commitment to controlling inflation and promoting financial stability may prevent a rate cut, even as growth targets face challenges.
Reliance & Havells enter PE party to snap up Whirlpool
Whirlpool Corp is divesting a 31% stake in its Indian arm, attracting interest from Reliance Retail, Havells India, and buyout funds like EQT and Bain