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.
South Korea’s Kospi rockets 17% after massive 3-day selloff. What’s behind the surge?
The KOSPI was up 17% at 6,549 points after tumbling nearly 17% over the previous three sessions, marking one of its steepest weekly declines, as