New Delhi, April 7 (IANS) The Reserve Bank of India (RBI) is likely to keep policy rates on pause as liquidity tools will take centre-stage in 2026, even as crude prices sit about 50 per cent above the central bank’s $70 per barrel assumption, a report said on Tuesday.”Current oil prices are 50 per cent above RBI’s assumption of $70/bbl. Despite this, we continue to see a high bar for monetary tightening,” the report from SBI Mutual Funds said.The AMC firm noted metals and mining as sectoral…
Latest Balance-of-Payments Deficit News & Updates
New Delhi, Feb 21 (IANS) After the US Supreme Court struck down reciprocal tariffs imposed by the Donald Trump administration, the White House has released a Fact Sheet, explaining that Trump has now invoked his authority under “Section 122 of the Trade Act of 1974”, which empowers the President to address certain “fundamental international payment problems” through surcharges and other special import restrictions.The Proclamation imposes, for a period of 150 days, a 10 per cent “ad va…