Three out of twelve economists anticipate the Reserve Bank of India will raise policy rates this fiscal year due to inflation concerns, while others predict a prolonged pause. Most economists expect inflation to exceed RBI’s forecast for FY27, with the bond market already pricing in tighter monetary policy.
Bitcoin trades near $76K, Ethereum at $2,240 as tech selloff, strong US jobs data weigh on crypto markets
Bitcoin hovered near $76,000 and Ethereum around $2,240 as technology stock weakness, AI spending concerns and US crypto legislation uncertainty weighed on sentiment. Despite modest