The Reserve Bank of India aims to keep overnight borrowing costs below its main lending rate. This strategy supports economic growth despite rising imported inflation. Policymakers may overlook current high inflation figures. They are expected to maintain interest rates unchanged. This approach counters a slowdown and avoids hindering growth. Support from monetary and fiscal policies is expected to continue.
Kwality Walls shares fall 3% as RIL’s foray into ice cream biz raises competition fears
Kwality Walls shares dropped on Wednesday as Reliance Consumer Products entered India’s ice cream market with Bombay Creamery, raising competition concerns. The stock extended its
September 2, 2026