Motilal Oswal, CEO of Motilal Oswal Financial Services, purchases a Mahindra SUV. This action highlights his dedication to Indian products. He previously bought a Tata Safari. Oswal aims to support local manufacturing. He also promotes a minimalist lifestyle. His choices align with the ‘Vocal for Local’ campaign. This endorsement influences public perception of Indian automakers.
Market expects one more rate cut as inflation stays benign
Indian economists and bond market experts expect another quarter percentage point cut in policy rates. This follows the Reserve Bank of India’s recent rate reduction