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Nvidia says it will supply high-performance chips needed for OpenAI's data centres.
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News and Media
Economists are largely suggesting the Reserve Bank of India (RBI) to pause policy rates, encouraged by lower inflation and strong economic growth. Market participants are expected to advocate for a rate reduction, aligning with the US Federal Reserve's recent cut. The monetary policy committee is scheduled to meet, with the rate decision to be announced on October 1.
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Nomura projects stable government borrowing for the second half of fiscal year 2026. The borrowing calendar is expected soon after discussions with the Reserve Bank of India. Chief Economic Advisor, V Anantha Nageswaran, confirmed no changes. Nomura anticipates a shift towards shorter-term bonds. Direct tax collections rose by 9.2% in H1FY26.
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News and Media
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