Stay updated with breaking news from Fin Min. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The latest inflation data comes a week after the RBI's Monetary Policy Committee (MPC) on April 5 announced the decision to keep the policy repo rate unchanged at 6.5 percent for the seventh consecutive time
Growth in South Asia is projected at 6.0–6.1 percent in 2024–25, stronger than in other emerging market and developing economies, largely due to robust economic activity in India.
Asia market update: Kiwi plummets -1.0% on RBNZ hold, 2-yr yields -16bps; Soft AU CPI fails to impact AUD; HK Budget brings property relief; Toyota holding out on Spring wage talks?; US Q4 GDP tonight.
Asia Market Update: Positive day across Asian equities as Nikkei strives for all-time high; BOJ Ueda stays dovish; RNBZ Gov signals no near-term cuts; Focus tonight on UK Retail Sales, US Jan Building Permits + Jan PPI.
We are looking at a more integrated strategy where decisions are not taken based on short-term fiscal priorities, or to fill some gap in the budget by having to dispose of certain shares at certain points in time, Somanathan explained.