Weak monsoon weighs on RBI, markets
News Coverage

Weak monsoon weighs on RBI, markets

22 May, 2017, 06:00 IST | Mumbai, India
Weak monsoon weighs on RBI, markets

Markets on Tuesday posted their third-biggest fall of the year on a weak-monsoon forecast and concerns over further rate cuts. Investor sentiment was also hurt over the situation in Greece, as the country moves closer to defaulting on debt repayment to the International Monetary Fund.