Surging oil prices are fueling inflation fears and potentially higher interest rates globally, causing Asian share markets to slide. Investors are seeking liquidity in the U.S. dollar as geopolitical tensions in the Middle East threaten prolonged energy cost increases. Central banks face a difficult inflation conundrum.
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