India’s economy grew by 5.4% in the second fiscal quarter, falling below economist estimates and hitting a two-year low, following 6.7% growth in the previous quarter. The weak performance was attributed to sluggish growth in manufacturing and mining sectors, causing the country’s 10-year sovereign bond yield to drop. The disappointing GDP figures may impact the Reserve Bank of India’s upcoming Monetary Policy Committee meeting in December, with expectations of a possible policy loosening despite recent inflation concerns.
Full Article
Russia-Ukraine war: List of key events, day 1,213 | Russia-Ukraine war News
Here are the key events on day 1,213 of Russia’s war on Ukraine.On June 21, Russian drone and missile attacks damaged energy infrastructure in central Ukraine, injuring one. In political developments, Ukraine and Russia exchanged more POWs, while Putin discussed military advances in Sumy and affirmed opposition to weapons of mass destruction, amidst concerns over Russia's economic stability and NATO relations. Need More Context? 🔎
Read more