Category Business

The Reserve Bank is widely expected to cut the benchmark interest rate by a punchy 50 basis points next week as it seeks to ease pressure in a weak economy. All the major local banks, including ANZ, ASB, Westpac, BNZ…

Benchmark stock market indices ended the trading session on a weak note after hitting record highs in early trade. The S&P BSE Sensex ended 264.27 points lower at 85,571.85, while the NSE Nifty50 settled 37.10 points lower at 26,178.95. Most…