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Key Events for the Month of February 2022:
• Nifty (-3.1%) cracked due to Russia-Ukraine crisis along with global markets. The DXY remain flattish through the month. The S&P 500 was
down 3.8% while NASDAQ was down 4.1%.
• Crude crossed $100 per barrel after 7 years as commodity prices rose.
• India's economy expanded by 5.4% during the third quarter (Q3FY22), slowed from the previous 2 quarters.
• The RBI (MPC) kept key interest rates unchanged with Repo and Reverse repo rates remain unchanged at 4 per cent and 3.35 per cent, respectively
and kept the stance accommodative to support the economy.
• The CPI index rose to 6.01% last month from 5.66% in Dec 2021 and 4.06% recorded for Jan 2021. WPI in January rose 12.96% from a year earlier,
less than the previous month's 13.56%.
• GST revenue collection for Feb at Rs 1.33 lakh cr; up 18% on-year 26% higher than Feb 2020
• Skymet said that the 2022 southwest monsoon could be ‘normal’
