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India

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BSE OIL & GAS -1.07%
BSE BANKEX -0.76%
BSE METALS -2.39%
BSE REALTY +0.20%
BSE AUTO -0.64%
BSE POWER -0.62%
BSE-CG +0.64%

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Sector Summary

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RBI pauses with dramatic effect, markets wobble

MUMBAI The Reserve Bank of India (RBI) kept its key lending rate on hold in a shock decision that spooked markets on Thursday, even as it slashed its growth forecast for the economy to its lowest level in over a decade.