By Deepak Jasani
The RBI MPC voted unanimously to keep the policy repo rate unchanged at 6.5% on Dec 8, its fifth consecutive pause, as the near-term outlook is masked by risks to food inflation which might lead to an inflation uptick in November and December. Consequently, the standing deposit facility (SDF) rate will remain unchanged at 6.25%, and the marginal standing facility …
Read moreOil prices rose in early Asian trade on Thursday as persistent fears over escalating tensions in the Middle East outweighed easing concerns about transport disruptions as some global shipping firms said they were returning to the Red Sea route.
Brent crude futures climbed 20 cents, or 0.3%, to $79.85 a barrel by 0133 GMT. U.S. WTI crude futures were up 24 cents, or 0.3%, at $74.35 a barr…
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