News Preview

RBI rate hike dampens consumption stocks’ festive cheer

RBI rate hike dampens consumption stocks’ festive cheer

The Reserve Bank of India's (RBI) recent rate hike has dampened the festive cheer for consumption-focused stocks, raising concerns about the impact of higher borrowing costs on festive-season demand and consumption.

Want to stay up to date with the world events at sea or at home?

Explore Navvyx News - the best News app for seafarers.