RBI set for fourth straight rate hike to quell inflation, say experts

[ad_1] The RBI, which has since May raised the repo rate by 140 basis points, may again go for a 50-bps increase to take it to a three-year high of 5.9%, say experts The RBI, which has since May raised the repo rate by 140 basis points, may again go for a 50-bps increase to […]

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RBI set for fourth straight rate hike to quell inflation, say experts

[ad_1] The RBI, which has since May raised the repo rate by 140 basis points, may again go for a 50-bps increase to take it to a three-year high of 5.9%, say experts The RBI, which has since May raised the repo rate by 140 basis points, may again go for a 50-bps increase to […]

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Sensex plummets 1,300 pts as RBI wrongfoots markets; investors lose ₹6.27 lakh crore

[ad_1] Equities went into a tailspin on Wednesday after the Reserve Bank surprised the market with a mid-cycle rate hike in a bid to tame soaring inflation. The move came just ahead of the Federal Reserve’s policy decision, with analysts expecting a similar move by the US central bank as well as the focus shifts […]

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