Australia’s private sector growth cools to 3-month low as inflation pressures ease
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RBI MPC begins 3-day meeting today amid expectations of first rate hike since 2023
The Reserve Bank of India's Monetary Policy Committee is meeting to discuss potential interest rate hikes. Inflationary pressures and external factors are leading to anticipation of a rate increase. Analysts expect a 25 basis points hike in the upcoming policy announcement.
Rupee hovers near 96 as oil stays above $100 per barrel, foreign selling persists
The rupee started off on a weaker note against the US dollar due to soaring crude oil prices and foreign investors selling off. In response, the Reserve Bank of India is stepping in to curb volatile changes, as forex reserves dwindle.
Govt’s subsidy spending down 40% to RM23bil in 2025
Fuel subsidies were nearly halved last year while welfare grants and assistance increased by 380%.