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RBI plays it cautious, repo rates unchanged

Despite inflation edging higher in the aftermath of the Russia-Ukraine war and surging oil prices, the RBI has again decided to keep the repo rates unchanged at 4% and reverse repo rate at 3.35%. This is the eleventh consecutive time that the RBI maintained status quo amid the current uncertainties and the global economy also […]

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Equities rally as geopolitical uncertainties plague the outlook

The ceasefire talks between Russia and Ukraine rallied Sensex and Nifty by 1.28% and 1%. The Indian stock market had extended gains for the third consecutive session as geopolitical uncertainties plague the near-term outlook for equities.  Furthermore, a decline in crude oil prices is a welcomed relief, and Indian markets gained support from profits in […]

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India’s biggest cookie manufacturer to hike prices by 7%

Britannia Industries Ltd., India’s biggest cookie manufacturer, will hike prices by 7% this year.  Amid the Ukraine crisis, the soaring prices are a sign of inflationary pressures that hurt below-par consumers.  The Russia-Ukraine war has led to severe shortages in food supply chains.  The Russian invasion has also caused turbulence in global consumer firms.  However, […]

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