SBI research predicts a 75 basis points rate cut in FY25 due to low inflation. Inflation is expected to be 3.9% in the fourth quarter and average 4.7% for the year. Industrial production grew to 5% in January 2025. Corporate revenue increased by 6.2% in Q3 FY25. Rising imported inflation and global uncertainties remain concerns.
US stocks: US market ends lower as tech stocks weigh on sentiment
Wall Street ended lower on Friday, with AI chip stocks experiencing a significant downturn while Moderna and other healthcare companies surged. Investors are weighing the