“In principle, monetary policy is always ready to support growth, but not at the cost of price stability. The proposed GST rate slab transition changes should initially result in a fall in prices of most goods and services,” Bhattacharya said in an email interview.
South Korea’s Kospi tanks 8% despite US-Iran war optimism. Here are 4 reasons why
The benchmark Kospi plunged 551 points, or 8.1%, to 6,2505. The steep decline triggered “sidecar” trading curbs on both the Kospi and the junior Kosdaq