Thursday, April 7, 2022

MC Interview | RBI may raise repo rate by 50 bps in second half, says Unmesh Kulkarni of Julius Baer India

Unmesh Kulkarni While companies more vulnerable to input cost pressures have been gradually taking price hikes, the entire pass-through may happen with a lag in the current weak demand environment. The margin pressure could possibly be visible for a couple of quarters

from Moneycontrol Market Outlook https://www.moneycontrol.com/news/market-outlook/mc-interview-|-rbi-may-raise-repo-rate-by-50-bpssecond-half-says-unmesh-kulkarnijulius-baer-india_16253521.html

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S&P 500, Nasdaq end higher on Amazon-OpenAI deal; Fed path forward grows murky

Artificial intelligence deals propelled the S&P 500 and Nasdaq higher on Monday, with Amazon's $38 billion agreement with OpenAI and...