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Jet fuel prices cut for the second straight month in October

The prices of aviation turbine fuel (ATF) were lowered by oil marketing companies for the second month in a row in October, data showed on October 1. The jet fuel price has been reduced by almost ₹6000 per kilolitre. ATF prices in Delhi were reduced to ₹87,597.22 KL this morning from ₹93,480.22 Kl earlier, a […]

US and China cut rates; will RBI follow suit in October? Economists weigh in

The US and China have cut interest rates in the past week. Will the Reserve Bank of India (RBI) follow suit in the October policy? Jahangir Aziz, Head of EM Economics Research at JPMorgan, and Luis Oganes, Head of Global Macro Research at JPMorgan, discuss China’s disinflation and slowdown, Fed rate cuts, Bank of Japan […]

RBI likely to cut rates by 25 bps in next policy, says former deputy governor SS Mundra

Former RBI Deputy Governor SS Mundra believes that considering the global environment, the US Federal Reserve’s actions, and signs of a slowdown in both consumer and investment activities within India, a 25 basis points (bps) rate cut is likely in the Reserve Bank of India’s (RBI) next policy announcement in October 2024. Param Subramanian of […]

Morgan Stanley economist explains why RBI may not cut interest rates right away

Chetan Ahya, Chief Asia Economist at Morgan Stanley says the Reserve Bank of India (RBI) may not lower interest rates immediately, as it needs to focus on domestic growth and inflation rather than just what the US Federal Reserve does. “At this point, since our base case forecast is that inflation will be going down […]

US Fed rate cut — A fund manager’s views on its impacts on India’s wealth management sector

One would have heard this line earlier “If US sneezes the rest of the world catches a cold”. This metaphor holds particularly true for the stock markets. Global incidents, such as the dot-com bubble, 9/11, the US subprime crisis, COVID-19, recent US economic challenges and geopolitical tensions like the  Russia-Ukraine conflict and the Israel-Gaza crisis have all impacted the […]