Economists anticipate the Reserve Bank of India (RBI) to maintain policy rates next week, despite potential for cuts, due to uncertainties from US tariffs and GST impacts. While some advocate for proactive rate cuts given low inflation, the majority prefers retaining options, awaiting clearer signs of economic slowdown and assessing the effects of recent GST reductions on inflation and growth.
US stocks today: Dow posts closing record high, S&P 500, Nasdaq muted as AI rally pauses
US stocks ended mixed as the Dow hit a record closing high driven by healthcare and consumer gains, while tech and chip stocks lagged. Banking