Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
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06/09/20264 min read
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Economists discuss key expectations from RBI monetary policy in light of election results
RBI
As the RBI's MPC gears up for its monetary policy announcement on June 7 amid uncertainties surrounding the new government, CNBC-TV18's Citizens Monetary Committee discussed potential outcomes. \r
Chairman Pronab Sen highlighted heightened uncertainty post-election results, suggesting the RBI may need to adjust its stance. Nomura's Sonal Varma sees no immediate need to revise growth forecasts, citing continuity in supply-side reforms. SBI's Soumya Kanti Ghosh anticipates inflation to remain below 5% for FY25, aligning with RBI projections. \r
JPM's Sajjid Chinoy emphasized global financial conditions being influenced by the Fed's actions, with initial expectations of six rate cuts now reduced to less than two due to economic resilience.
