ABU DHABI/WAM Abu Dhabi Future Energy Company PJSC – Masdar has announced its first project …
Read More »India raises cost of borrowing to 6.5%
Bloomberg India’s central bank (RBI) slowed the pace of interest-rate increases while keeping the door open for further policy tightening to curb core inflation. The RBI’s six-member Monetary Policy Committee voted 4-2 to raise benchmark repurchase rate by a widely expected quarter-point to 6.50%, slowing from the 35 basis-point hike in December. The panel also retained its stance of withdrawing …
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