India may need central bank support to attract dollar investments, potentially through forex deposit schemes, to cover exchange risks and offer competitive yields. Economists suggest higher subsidies from the RBI might be necessary to make such initiatives attractive for banks, especially given current global interest rates.
Oil prices rise about $1 as investors weigh Middle East peace prospects
Oil prices saw a rebound on Thursday after sharp losses. Investors are closely watching the Middle East peace deal. Even if an agreement is reached,