Mumbai The Reserve Bank of India (RBI) on Friday hiked repo rate”>rate by 50 basis points to 5.90 per cent in order to control the rising inflation, keeping in line with the aggressive policies of central banks and the volatile markets prevalent across economies. Read more on Dynamite News:
Indian stocks started Friday’s trade in the red, extending losses for the third straight session, on concerns of aggressive global monetary policy tightening by various central banks to avert recessionary fears. Read more on Dynamite News:
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