JM Financial anticipates a pro-growth monetary policy under the new Reserve Bank of India Governor, Malhotra. The firm expects the central bank to potentially lower interest rates by 50 basis points during this cycle, citing stable inflation levels. Additionally, it highlighted the government’s Rs 11.2 trillion capital expenditure plan for FY26 as a significant driver of economic growth.
Gold rises 2.3%, extends gains after Trump announces Iran ceasefire pause
Gold prices surged Wednesday as President Trump announced a two-week pause in attacks on Iran, easing inflation fears. Spot gold climbed significantly, with futures also