HSBC Chief India Economist Pranjul Bhandari expects the Reserve Bank of India to keep interest rates unchanged at its upcoming policy meeting but believes policymakers may adopt a more hawkish stance as higher crude oil prices and rupee weakness increase inflation risks.
A new report released by the World Meteorological Organization has warned that global temperatures are expected to remain at or near record highs over the next five years. The report, produced with support from the UK Met Office, predicts that annual global temperatures between 2026