Bank economists have told the Reserve Bank of India that there is no immediate need to raise the repo rate or change the monetary policy stance. This advice is based on inflation remaining within the central bank’s tolerance band. The RBI has alternative tools to manage currency pressures.
Oil Price Today (April 2): Oil jumps 5% to cross $106/barrel after Trump’s comments erase de-escalation hopes
Oil prices have jumped back above $106 a barrel. President Donald Trump’s speech revived fears of more conflict in the Middle East. This comes after