Quite in line with general expectations the RBI Monetary Policy Committee retained the policy rates at the same level. The Repo Rate is at 6.50%. There is no change in the policy rates which reached the peak levels in Feb 2023. Incidentally, it may be mentioned here that the policy statement by the MPC is […]
Stock market corrections should be utilised to buy into diversified portfolios for the long term, while short-term traders need to be more cautious, said Dr Joseph Thomas, Head of Research, Emkay Wealth Management. In an interview with Livemint, Thomas said that the Indian stock market valuations appear a bit stretched and investors should prefer opportunities that […]
The Fed, in the FOMC meet, decided to leave the base rate unchanged at 5.25% to 5.50%. The Fed statement reads like this – even as “there has been some further progress toward the Committee’s 2 percent inflation objective”, it still “remains elevated”. The statement reiterated the Fed’s commitment to achieve the inflation objective. Inflation […]
