Metal stocks, especially in steel and aluminum, faced a sharp decline after the United States announced a steep increase in import duties. On May 30, U.S. President Donald Trump declared that the tariff on imported steel will be raised to 50 percent, starting June 4....
On February 7th, the first Monetary Policy Committee (MPC) meeting under the new Reserve Bank of India (RBI) Governor, Sanjay Malhotra, cut the central bank’s repo rate by 25 basis points to support the economy amid slowing growth. The repo rate was lowered to...
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