Inflation in India is expected to stabilize at an average of 4.3-4.7 per cent in FY26. Food prices are likely to moderate and agricultural output to stabilize. Monetary policy adjustments, including rate cuts, are anticipated to support economic stability. Core inflation trend is forecasted to be stable, with a 25-basis point reduction in the repo rate expected in FY25.
Dow, S&P 500 slip as oil hovers near $100 despite Nasdaq’s record close
The Dow and S&P 500 declined sharply as oil prices rallied near the $100 mark, causing apprehension among investors. However, the Nasdaq soared to a