The RBI’s August report highlights downside risks to the Indian economy due to US trade policies, despite supportive domestic financial conditions. While uncertainties persist, factors like rising rural wages and rate cut transmissions are expected to bolster aggregate demand. The report also notes subdued industrial activity and anticipates headline inflation to remain below target.
PSU bank stocks soar up to 8%, but HDFC, Axis and other private lenders fall up to 5% after Q2 results. Why the sharp divide?
PSU bank stocks surged up to 8% on Monday, led by Punjab National Bank after its Q2FY27 earnings beat estimates. In contrast, private lenders such
October 19, 2026