Brent is at US$ 90 and looks poised to test higher levels. The immediate factor that is adding to the volatility is the evolving war situation in the Middle East. It looks like, other states in the region may also gradually be drawn into the conflict if it gets prolonged. More than a third of […]
Gold prices have remained well supported at the 1860 and 1830 levels. Currently trading at 1930 level, gold price has been lifted up by the Middle east conflict which is gradually looking set to assume regional proportions. This has resulted in gold being preferred and the movement in gold is also in alignment with the […]
The CPI based inflation eased to 5.02% for the month of Sep’23 as compared to 6.83% in the preceding month and 7.41% during the year ago period. The easing in the prices of vegetables and a favourable base effect were the key factors that supported the easing of headline numbers and the same getting reported […]
The RBI decided to maintain status quo on the rates front and continue with its stance of withdrawal of accommodation to progressively achieve its inflation target of 4%, while supporting growth. While the policy was on expected lines on the rates front, the major surprise was in the form of governor mentioning OMO-sales in his […]
