Global economic growth is expected to slow to 3.2 per cent in calendar year 2026 from 3.4 per cent in the previous year, as the ongoing West Asia conflict triggers what is being described as the largest energy shock on … Read More
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RBI to conduct Rs 2 lakh cr 7-day VRRR auction on Friday
The Reserve Bank of India will conduct a Rs 2 lakh crore Variable Rate Reverse Repo auction next Friday. This move addresses the current surplus liquidity in the banking system. The auction aims to absorb excess funds. This proactive measure … Read More
Banks exit bulk of India rupee arbitrage positions ahead of RBI deadline, sources say
Banks have largely exited Indian rupee arbitrage trades. The Reserve Bank of India imposed limits on onshore positions to curb volatility. These measures targeted arbitrage trades between onshore and non-deliverable forward markets. Most of these positions have now been unwound. … Read More
Ceasefire Brings Hope, but Economic Recovery?
Markets are not signalling confidence in recovery; they are signalling uncertainty about it. Historically, post-conflict rallies tend to be sharp but short-lived, with nearly 30 to 40 per cent of initial gains retraced if macro clarity does not follow. So … Read More