The Reserve Bank of India held policy rates steady but lowered the cash reserve ratio to potentially ease borrowing costs. GDP growth projections for FY25 were reduced to 6.6% while inflation estimates were raised to 4.8%. The central bank also temporarily lifted the cap on interest rates on US dollar deposits to address the rupee’s slide.
Paul Black’s 3 thumb rules for identifying great wealth creators
Veteran portfolio manager Paul Black’s investment framework focuses on identifying businesses with competitive advantages that strengthen over time. His three key rules emphasise widening moats,
August 29, 2026