Page 11 - Geopolitical Risks News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Nomura economists have stated that the Reserve Bank of India (RBI) is unlikely to raise the policy rate in response to a weaker currency. They believe that the bar for the RBI to hike rates is high as it primarily focuses on flexible inflation targeting and will use other tools to mitigate risks. The economists also pointed out subdued rural demand and a recovery in private capex as reasons for no further rate hikes from the central bank.

The role of CXOs (Chief Executive Officers, Chief Information Officers, Chief Technology Officers, etc.) has evolved significantly in recent years. They have transitioned from traditional managers to visionary leaders, embracing digital transformation, innovation, and global complexity.

John Everington talks with Marie Diron of Moody’s about the outlook for the year ahead.

Analysts and industry insiders, who had expected a stronger rally, acknowledged that the situation differed from the 1973 oil crisis when Saudi Arabia spearheaded an embargo targeted at nations that had supported Israel during the Yom Kippur War, causing prices to skyrocket.

The rise in crude oil prices added to the pressure on the rupee, but traders don't expect the Reserve Bank of India (RBI) to relent in its defence of the currency.