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RBI Rate Decision Today | India-US Trade Deal Near, Crude Oil Slips | Morning Headlines

Zee Business3:15

Transcription

Today at 10:00 AM, the RBI's decision on interest rates will come. In Zee Business [music]'s poll, 80% of experts believed there would be no change in interest rates. However, 20% [music] experts expect a quarter-point increase. Watch the mega coverage of the policy with Anil Singhvi. Continuously from 9:45 AM [music]. The Commerce Ministry expressed hope for a good trade deal with America soon. Trump also said a deal with India [music] is imminent. Trump's soft stance on Iran. He said if a deal is reached, he will meet the Supreme Leader, Mujtaba Mustafa Khamenei [music]. Trump's soft stance on Iran put pressure on crude oil; Brent fell 3% to near 95. Gift Nifty is near 23530. Now Dow Futures are 50 points down. Nikkei [music] is down 2%, while Korea's market lost 7%. Dow reached a new life high, making a strong jump of 875 points. Due to profit-taking in tech [music] stocks, the NASDC closed about 25 points [music] down, despite a recovery of 275 points. FIIs sold heavily for the seventh day, including ₹4447 crore in cash, totaling a net [music] ₹5471 crore. So, domestic funds continued their buying for the 13th day, injecting ₹4360 crore into the market [music]. Gold rose by ₹1000 to near ₹159500. Silver closed at ₹64800 with a gain of ₹1800. IndiGo has announced a temporary suspension of flights on six international routes, including Hong Kong and Shanghai, until September 30 [music]. The decision is due to low demand and rising costs. The IPO of CMR Green Technologies, which closes today [music], is subscribed 9 times so far. The price band is 182 to 192. At 8:00 AM, we will know from Anil Singhvi whether to invest in the issue or not. Neelkanth Mishra appointed Executive Director of the World Bank for 3 years, taking over from Parameswaran Iyer. Today, on the occasion of World Environment Day [music], the country's first E85 fuel pump will be launched. Petroleum Minister Hardeep Singh Puri will inaugurate it in Delhi at 6:00 PM today. And on Anil Singhvi's birthday week, powerful wealth creation birthday [music] picks will be available again today. At 8:30 AM, then at 9 AM.