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The coronavirus pandemic has blown a 200 billion pound hole in Sunak’s financial plans, forced him to abandon his aim for a four-year spending plan in favour of a much shorter programme and left big questions about how it will all be paid for.
Fed saw smaller hikes ahead to assess prior moves, minutes show“Many participants remarked that, in view of the constantly changing nature of the economic environment and the existence of long and variable lags in monetary policy’s effect on the economy, there was also a risk that the co… Read MoreAhead of Market: 10 things that will decide D-St action on WednesdaySiddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services, said Nifty is consolidating near 17,500 levels and is witnessing buying interest at lower levels.
from Stocks-Markets-Economic Times https://ift.tt… Read MoreMeme stock Bed Bath & Beyond's rally rages onThe stock rose as much as 78.8% to $28.60 during the session and trading was halted multiple times for volatility. About 189 million shares changed hands by 11:47 a.m. ET, more than six times the firm's 30-day moving average … Read MoreDunearn Investments pares 2% stake in Devyani International for Rs 482 crAccording to bulk deal data available with BSE, Dunearn Investments (Mauritius) Pte Ltd offloaded 2,63,29,516 shares, amounting to a 2.18 per cent stake in the company.The shares were sold at an average price of Rs 183.11 api… Read MoreNo timeline from govt for selling IDBI stake, says LIC chairman LIC owns 49.2 per cent of the lender and the government and public own the remaining shareholdings in the bank which was on the verge of collapse before it was forced into the control of LIC weighed by a third of its loans … Read More
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