India’s central bank may have room for monetary easing due to falling global crude prices offsetting risks from a weaker rupee. Despite concerns over imported inflation affecting the consumer price index, easing energy prices could help lower import costs, thereby supporting further rate reductions.
Gensol Engg shares plunge following rating downgrades
Both agencies have downgraded Gensol to their respective ‘D’ citing high-risk of defaulting on its payments. Earlier in February, the chairman and MD of the