Apple Inc. Chief Executive Officer Tim Cook has scheduled a trip to open the iPhone maker’s first stores in India next week, underscoring the company’s ambitions for the country as a growth market and manufacturing base. Cook is likely to preside over the opening of the twin outlets in India’s financial and political capital, people […]
The Reserve Bank of India (RBI) has decided to halt interest rate hikes, signaling that the interest rate cycle may have reached its peak. The recent announcement by RBI Governor Shaktikanta Das did not go well with fixed deposit (FD) investors, who were eyeing further rate hike by the banks. Investors in term deposits are […]
The battle between perception and establishing expectations is not an easy one. And Governor Shaktikanta Das may be losing the battle following the Reserve Bank of India’s latest monetary policy decision. The central bank chief was at pains to emphasise that the Monetary Policy Committee’s decision on April 6 to leave the repo rate unchanged […]
