The Reserve Bank of India’s rate cuts may be over. Economists predict a pause as inflation pressures rise and growth prospects improve. Trade deals with the USA and EU boost economic outlook. The central bank has kept its policy rate steady. This suggests monetary policy easing is largely complete. Some still anticipate one final cut.
Gold, silver ETFs gain as investors buy the dip after sharp fall
Gold and silver ETFs rebounded strongly on Monday, recovering from significant losses incurred last week. Despite market volatility, wedding-related demand persists, with consumers in smaller