India’s economy shows resilience with improved domestic demand and strong economic activity. Food prices have seen a broad-based increase, raising concerns for monetary policymakers. Global economic outlook remains weighed by West Asia conflicts and new US tariffs. High-frequency indicators reflect strong manufacturing and services momentum continuing into July.
Axis Bank set to raise $700 million through ECB swap facility
Axis Bank is set to secure seven hundred million dollars through a dedicated external commercial borrowing facility. This loan features two tranches with tenures of