Grab launches GrabMaps; to tap Southeast Asia’s US$1 bil mapping and location based-services market

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GrabMaps does not have any specific revenue goals currently 📍

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The Reserve Bank of India's key interest rate was raised by 50 basis points on Wednesday as widely expected, the second hike in as many months, in a bid to cool persistently high inflation in Asia's third-largest economy. The central bank also dropped its long-standing phrase that future policy would remain 'accommodative', reinforcing expectations of further rate hikes and other forms of tightening in coming months as fighting inflation becomes its main focus.

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