Asian stock markets experienced a sharp decline early Monday. Japan’s Nikkei 225 index dropped over 6%. South Korea’s Kospi also sank significantly. Shares in Australia and New Zealand saw notable falls. This market reaction follows a surge in oil prices. Brent crude prices rose to over $100 a barrel.
RBI likely to hike repo rate by 25 bps to 5.50% in October policy: ET Poll
On Monday, the Reserve Bank of India’s Monetary Policy Committee will hold important meetings. Analysts are anticipating a 25 basis points increase in the key