Despite benign inflation and room for monetary easing, economists anticipate the RBI to maintain rates at its October meeting. While recent GST cuts and a strong Q1 GDP offer a consumption boost, the impact of tariffs and potential food price increases due to crop damage create uncertainty.
Oil climbs following renewed US, Iran strikes in Middle East
Oil prices saw an uptick as renewed US-Iran tensions in the Middle East disrupted shipping through the Strait of Hormuz. Despite reports of a potential