Oil prices experienced a roughly 1% decrease on Monday as the United States and Iran initiated discussions to establish a framework for a potential nuclear agreement, easing concerns about supply disruptions from the Middle Eastern producer. Simultaneously, tensions remain high as Russia and Ukraine exchanged accusations of violating the Easter ceasefire, further complicating the geopolitical landscape.
Market expects one more rate cut as inflation stays benign
Indian economists and bond market experts expect another quarter percentage point cut in policy rates. This follows the Reserve Bank of India’s recent rate reduction