The views in India’s Monetary Policy Committee have become louder with outgoing members Ashima Goyal and J R Varma warning about the risks of a ‘higher-for-longer’ interest rate approach to economic growth. Both members voted for a repo rate cut, citing concerns over excessive monetary tightening’s impact on growth.
Titan MD on falling profits, lab grown diamonds & shifting trends
Titan Company experienced a 15% profit decline in Q2. The company attributes this to losses from a customs duty drop on gold. Despite this, Titan