The Reserve Bank of India’s Monetary Policy Committee (RBI MPC) is all set to announce its interest rate decision tomorrow on August 10. A status quo outcome from the current policy meeting is almost guaranteed and the central bank is expected to maintain its hawkish tone on inflation for the rest of the year, thanks to soaring tomato prices. Catch this chat between Moneycontrol's Nandita Khemka and CNBC-TV18's Latha Venkatesh for more on what to watch out for from RBI Governor Shaktikanta Das' speech at 10 am tomorrow!
All Federal Reserve officials at their June FOMC meeting indicated that further policy tightening is likely. Policymakers decided against a rate increase amid concerns over economic growth. We bring you the latest from Auto, where Maruti Suzuki launched its most expensive car Invicto. While in the trends sector, tomato is being sold at record highs; surprisingly more expensive than petrol! Watch this edition of Newspresso with Stacy Pereira to get a kick start to your day.