Intense El Nino may push inflation up by 15-20 bps: Experts https://ift.tt/lzCZaMv deep deficient monsoon could push food inflation by 50-60 basis points. One basis point is one hundredth of a percent. "It will have lower than the 50 bps (0.5 percentage points) impact on headline inflation that RBI talks about as potential negative impact from adverse weather," said Abhishek Upadhyay, senior economist, ICICI Securities PD.
NSE IFSC-SGX Connect may be fully operational by June https://ift.tt/XC89Iks this connectivity, global investors who are clients of SGX will be able to trade in Indian derivatives market remotely without having to set up a shop in India. Currently, only a few trades are being executed through the route.
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