Forex market interventions during surges in capital flows to contain the INR volatility lead to an increase in money supply or M3, which however is found to be neither inflationary nor elicit a policy rate response by the RBI, finds a research paper published by the Reserve Bank of India .
Wall Street slides again as US forges ahead with 104% tariffs on China
S&P 500 companies have lost $5.8 trillion in stock market value since Trump’s tariff announcement last Wednesday, the deepest four-day loss since the benchmark was
April 9, 2025