The Reserve Bank of India was likely to maintain its repo rate at 6.50% due to high food prices. An ET poll concurred this steadying move. However, easing core inflation and a global shift toward lower borrowing costs might prompt the RBI to adopt a neutral stance next quarter, aligning with India’s busy economic season.
Oil Price Today (November 10): Crude oil falls below $92 as Trump says Iran war is effectively over. What lies ahead?
Crude oil price: Brent crude futures fell 81 cents, or 0.88%, to drop below $92 a barrel. US West Texas Intermediate (WTI) crude futures slipped