Former IMF Deputy Managing Director says the central bank is likely to stay on hold for now as it weighs inflation risks from oil prices against signs of slowing economic activity.
Gita Gopinath described the central bank's stance as appropriately data-dependent, balancing inflation concerns against signs of moderating economic activity.
The former IMF chief economist expressed support for India's bid to gradually shift away from fossil fuel import dependence and focus on renewable energy.
Small Finance Banks or SFBs are offering interest on term deposits of up to 8.25% p.a. for a 30-month deposit to senior citizens. Should you consider them?
Based on ICICI Securities' revised estimates of group earnings post-merger and factoring in a NIL tax scenario for FY2728E, Gujarat Gas' valuations are unchallenging at 9x FY28E EPS and 7.7x EV/Ebitda.
