The central bank raised the repo rate by 35 bps to 6.25% in a majority decision today
Posts tagged BL
Crude oil dips below $80 a barrel on fears over US recession (07-12-2022)
US services and jobs data results in apprehension that Fed may resort to further monetary tightening
Oil drops for fourth straight day as demand concerns multiply (07-12-2022)
The slump comes against a backdrop of dwindling liquidity, with waning interest stoking volatility
Palm oil imports jump 29% to 1.14 mt in November (06-12-2022)
Rise in imports attributed to cheaper quotes compared to other edible oils
SEBI issues apology to SC for not supplying documents to RIL after contempt notice (06-12-2022)
SEBI has come under criticism for holding back documents selectively in other cases as well
Crude oil up after G7 price cap on Russian oil comes into force (06-12-2022)
Russia not to abide by the cap, may cut the output, if needed
Gold prices inch up on moderate Fed hike hopes (05-12-2022)
On Monday, spot gold was up 0.5 per cent at $1,807.21/ounce; domestically, it rose 6 per cent to ₹53,854 per 10 grams
Rupee falls 47 paise to close at 81.79/dollar (05-12-2022)
Demand for dollars from importers and slow pace of net FPI inflows into the financial markets weakened the rupee
Day ahead market prices up 20% m-o-m at IEX in November (05-12-2022)
Despite the high price, the volume of electricity traded at DAM rose 18% on a m-o-m basis to 5,084 million units
Cement stocks rally on price hike, demand revival (05-12-2022)
Driven by housing and infrastructure sectors, the cement industry has witnessed a V-shaped recovery and healthy growth in FY22