Governor Sanjay Malhotra observes a shift in India’s financial savings from bank deposits to equities, viewing it as a positive sign of economic growth and a move towards a balanced asset mix. This trend is fueled by declining deposit rates, prompting savers to seek higher returns in the equity market. RBI’s repo rate adjustments have further contributed to this shift.
Oil Price Today (April 22): Crude oil prices hover near $100 despite Iran war ceasefire extension. Here’s why
Crude oil prices saw little movement as President Trump extended a ceasefire with Iran, though Iran described the continued blocking of ships as an act