Crude oil price may hit $100 a barrel but how long will it sustain that level?

WTI Crude oil prices surge to a 10-month high above $90 a barrel as Saudi Arabia and Russia restrict supply and deplete oil stocks. MOSL predicts prices may reach $100 per barrel, but sustainability is uncertain.

JPMorgan to include Indian government bonds to its Emerging-Market Index: Report

JPMorgan to add Indian government bonds to its benchmark emerging-market index. Foreigners play a small role in the Indian bond market, inflows have been picking up in recent years, and the country’s assets have proven resilient to financial turbulence that has roiled other developing nations.

People's aspirations affected by decelerating global economy and increased living costs, shows BankBazaar study

Women are at the forefront, spearheading with an aspiration Index of 86.1 amidst the global economic slowdown.

India's economic momentum is robust despite some seeming fiscal deterioration: ICICI Securities

India's real GDP grew by 7.8% YoY in Q1 FY24, solidifying its position as the world's fastest-growing major economy. The services sector grew by 10.3% YoY, while manufacturing expanded by 4.7% YoY. Moody's raised India's growth projection for 2023 to 6.7%.

RBI Monetary Policy: Repo rate remains unchanged at 6.5%; FY24 inflation forecast raised, GDP maintained

The Reserve Bank of India (RBI) kept the repo rate unchanged at 6.5 percent for the third straight meeting in the August policy despite the recent rise in inflation.

RBI Monetary Policy: Is the rate hike cycle finally over? Here's what experts say

Governor Shaktikanta Das said that the goal is to achieve the inflation target of 4 percent and keeping inflation within the comfort band of 2-6 percent is not enough.

RBI Monetary Policy: Need to maintain Arjuna's eye on inflation scenario, says Das; keeps repo rate unchanged

The Reserve Bank of India (RBI) kept the repo rate unchanged at 6.5 percent for the second straight meeting in the June policy given the significant correction in the CPI inflation trajectory.

RBI Monetary Policy: Inflation continues to remain comfortably below 'tolerance'

Analysts are anticipating that the RBI will maintain the status quo on interest rates in its upcoming policy review scheduled for June 08, 2023. The retail inflation based on the Consumer Price Index (CPI) slowed sharply to 4.7% in April 2023, marking the lowest level since October 2021.

Q4 GDP growth beats estimates: Here's what experts make of the numbers

The rise in GDP growth was driven by a pickup in manufacturing activity as well as a fall in food, crude oil, and raw material prices.

 <span class='webrupee'>₹</span>2000 note withdrawal: Not a mini-demonetisation; consumption boost likely, says Emkay

The Reserve Bank of India (RBI) on Friday made a surprise announcement to withdraw  <span class='webrupee'>₹</span>2000 currency notes from circulations by 30th September, 2023. Emkay believes this move cannot be compared to demonetisation.

Top Economy News

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Crude oil price may hit $100 a barrel but how long will it sustain that level?

markets

JPMorgan to include Indian government bonds to its Emerging-Market Index: Report

personal finance

People's aspirations affected by decelerating global economy and increased living costs, shows BankBazaar study

markets

India's economic momentum is robust despite some seeming fiscal deterioration: ICICI Securities