Economists are predicting a possible interest rate cut by the Reserve Bank of India (RBI) in April after retail inflation fell below the central bank’s target. Retail inflation dropped to 3.61% in February, and increased farm output is expected to keep food prices stable.
Sebi relaxes re-KYC process for NRIs; removes physical presence clause
Markets regulator Sebi on Wednesday eased the re-KYC process for Non-Resident Indians (NRIs) by removing the requirement for them to be physically present in India