New Delhi, June 21 (IANS) The Reserve Bank of India (RBI) is likely to maintain its wait-and-watch approach and keep the repo rate unchanged at 5.25 per cent in upcoming monetary policy meetings as easing geopolitical tensions reduce uncertainty and allow policymakers to focus on incoming economic data, according to a report.As per analysis by BofA Securities, the conclusion of the US-Iran peace agreement has eased a key source of global uncertainty, giving the central bank more room to remain d…
Latest US-Iran Peace Agreement News & Updates
Mumbai, June 14 (IANS) The Indian stock market is likely to remain driven by global cues in the coming week, with investors closely watching the US Federal Reserve’s policy meeting, developments surrounding a potential US-Iran peace agreement and trends in crude oil prices.Benchmark indices ended the previous week on a positive note, breaking a two-week losing streak amid improving investor sentiment.The Nifty gained 1.10 per cent to close at 23,622.90, while the Sensex rose 1.73 per cent to set…