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Moody's Analytics sees another 60-80 bps hike in repo rate this year

Hours after the Reserve Bank of India raised key lending rates, or repo rate, by 50 basis points to 4.9 per cent, global financial services company Moody's Analytics said the central bank could hike the repo rate by another 60 to 80 basis points through the rest of the year. Jun 9, 2022
Shaktikanta Das, Governor, Reserve Bank of India

RBI's monetary policy meet: Some expectations from the ongoing meet

Though the RBI's raising policy rates in the ongoing monetary policy committee meeting is a "no-brainer", as its Governor Shaktikanta Das said in a recent interview, investors, however, await the actual degree of percentage hike before taking fresh positions and future course of action in the financial markets. Jun 7, 2022
container depot explosive

43 killed, 500 injured in massive B'desh container depot blaze [details]

A massive blaze, followed by a powerful explosion at a private container depot in Bangladesh's Chittagong district has killed a total of 43 people, including seven firefighters, and injured some 500 others of which 10 of them were police personnel, authorities confirmed on Sunday. Jun 5, 2022