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Reserve Bank of India | RBI ups growth forecast for current fiscal from 6 5 to 7 per cent

The RBI has raised the repo rate by a total 250 basis points since May 2022 in efforts to cool surging inflation. One basis point is equivalent to one-hundredth of a percentage point, or 0.01 per cent

economic growth | Inflation damper on Goldilocks Effect, RBI monetary policy committee projects growth to hit 7 per cent this fiscal

The biggest surprise of the three-day monetary policy committee meeting was the upward revision of GDP growth for this fiscal to 7 per cent with RBI deputy-governor Michael Patra saying the figure was a 'conservative estimate'

Goldilocks Effect: Markets Red-Hot Run In 2023 Adds Back $4 Trillion

China's relaxation of COVID-19 restrictions has powered Hong Kong's Hang Seng Index to double-digit gains, while Europe's Stoxx 600 share index enjoyed its best start to the year on record.

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