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The RBI’s decision to hike the repo rate by 25 bps (basis points) to 5.50% was along expected lines and the stance shift to 'calibrated tightening' reflects a decisive move against inflation, which has been impacted by geopolitical conflicts, surging crude and adverse monsoon, among other factors.I…
The AIM-listed UK technology group reported six-month revenue of £9.2m, adjusted EBITDA of £1.0m and adjusted profit before tax of £0.5m. It also said it secured about £1.6m of additional debt funding after period end.