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Supportive risk sentiment in equities kept Crude oil elevated today. WTI Crude oil futures are currently trading up 0.60% at $87.30 per barrel. Firm cues from US markets supported Asian stocks today. Hong Kongs Hang Seng gained 1% while Japanese Nikkei index also rose by similar magnitude. Chinese markets are closed for Lunar New Year holiday. European stock markets mostly stayed supported with decent gains […]

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Given this high real growth, it remains to be seen what nominal growth is assumed for drafting the Budget as this will have an implication on the revenue generation assumptions.

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At 74.7475/7575 per Dollar

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On 12 February 2022

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