RBI policymakers acknowledged that a prolonged West Asia conflict poses risks to India’s economic growth and inflation, though the economy remains resilient. The monetary policy committee opted for a wait-and-watch approach due to geopolitical uncertainties and concerns over El Nino’s impact on inflation.
AI stocks retreat as Democratic sweep puts data centre boom in focus
AI-related stocks came under pressure on Wednesday despite a broader Wall Street rally following the Democratic sweep of Congress. Data centre companies CoreWeave, Iren and