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SGX Nifty: Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 65 points at the opening bell. The Reserve Bank of Indias rate-setting panel on Wednesday (3 August) began its three-day deliberations on the next bi-monthly monetary policy. The Monetary Policy Committee is scheduled to announce its decision today, 5 August 2022. While a 25 bps hike […]

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With energy costs on the rise due to Russia's invasion of Ukraine, the Bank Rate was increased by a half percentage point to 1.75%, its highest level since late 2008, by the BoE's Monetary Policy Committee by a vote of 8-1.

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180% YoY growth in its retail division and double-digit growth in its food and other companies both contributed to revenue growth.

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Markets may see some selling too

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According to the SBI Ecowrap report, India's fiscal deficit for the current fiscal year is predicted to be closer to 6.5% than the budget forecast of 6.4%.

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