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OCR FORECAST
India takes baby steps to Sarkar(AI)New Delhi is using AI for an array of services but a consolidated approach is needed for deeper adoption, write Twesh Mishra and Subhayan C...
India’s multilingual AI model for the worldIndia has launched Adi Vaani, the world's first AI-powered tribal language bridge, to preserve endangered languages and deliver essential s...
RBNZ cuts OCR to 3% after economy stalls in Q2, inflation expected to ease by 2026Reserve Bank of New Zealand reduced interest rates. The Official Cash Rate now stands at 3 percent. This decision follows concerns about sl...
ANZ predicts deeper OCR cuts: A double-edged sword for NZ economyANZ economists now predict the RBNZ will cut the OCR to 2.5% due to a slower-than-expected economic recovery and global uncertainties. This...
ANZ cuts fixed home loan and term deposit rates amid economic uncertaintyANZ bank has reduced fixed home loan and term deposit rates. This decision follows Reserve Bank of New Zealand's recent Official Cash Rate ...
Westpac's Kelly Eckhold adjusts OCR predictions as US-China trade war looms largeKelly Eckhold, Westpac's chief economist, changed his forecast for New Zealand's Official Cash Rate. He now expects the Reserve Bank of New...
Asia stocks weaken on the patient approach to rate cutsMSCI's broadest index of Asia-Pacific shares outside Japan lost 0.57%. Australia's S&P/ASX 200 index was one of the biggest decliners, slum...
Dollar firms ahead of busy data week with US inflation in focusInflation figures in the euro zone, Japan and Australia are also in the data calendar this week, alongside a rate decision from the Reserve...
Can Budget 2024 leverage technology for effective tax administration in India?India's transformation through technology, specifically in tax administration, serves as a global example. The government is leading this c...
Asian stocks solid and kiwi jumps on RBNZ rate hikeDespite the hike being in line with expectations, the announcement was described as "definitely more hawkish than expected" by Imre Speizer...
New Zealand dollar climbs as central bank hikes, predicts a lot more to comeThe New Zealand dollar climbed on Wednesday after the country's central bank raised interest rates by half a point and sharply lifted its p...
One virus case puts New Zealand into nationwide lockdownThe snap lockdown will begin at midnight tonight as authorities rush to identify the source of a single infection in largest city Auckland,...
Dollar awaits Fed minutes, kiwi aloft on rate expectationsThe US dollar and other majors were mostly steady as investors wait on the minutes from the Federal Reserve's meeting in June when it surpr...
India must focus on infrastructure investments to revive growth: P Chidambaram“Policies to revive growth in most emerging markets, including India, will have to be rooted in increasing investments, particularly in inf...