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  Asia-Pacific to dominate global growth in 2023 Meanwhile, it also expects that the energy- and mineral-producing regions of the Middle East and Africa too will achieve moderate growth. About the US, it said the ongoing tightening financial conditions due to monetary policy tightening will tip the US economy into a "mild recession" starting in the fourth quarter of 2022 and extending through the second quarter of 2023. Read more at: https://economictimes.indiatimes.com/news/economy/indicators/asia-pacific-to-dominate-global-growth-in-2023-sp/articleshow/95091956.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

September 30, 2022 UPDATED: September 30, 2022 10:43 IST The Reserve Bank of India (RBI) hiked the repo rate by 50 basis points. (File photo) HIGHLIGHTS The RBI on Friday hiked the repo rate by 50 bps to 5.9 per cent. This is RBI's fourth repo rate hike in the current financial year. Earlier in August, the central bank increased the repo rate to 5.4 per cent. https://www.indiatoday.in/business/story/rbi-hikes-repo-rate-basis-points-2006570-2022-09-30