Friday, October 4, 2019

RBI cuts repo rate to 5.15%, lowest in 9 years; FY20 GDP growth estimates slashed to 6.1 percent amid weak demand

RBI cuts repo rate to 5.15%, lowest in 9 years; FY20 GDP growth estimates slashed to 6.1 percent amid weak demand The MPC hints at more rate cuts in the coming months to help the economy gather pace as inflation remains firmly bottled up

from Moneycontrol Business News https://ift.tt/2nkE2gY

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Bitcoin stays near $64K, Ethereum underperforms as weak risk appetite keeps crypto markets under pressure

Bitcoin traded near $64,000 and Ethereum underperformed as risk appetite weakened. The global crypto market capitalization edged down 2% to ...