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The central bank kept monetary policy steady in October on the view the economy was headed for a moderate recovery thanks to a package of measures aimed at easing funding strains for companies hit by the coronavirus pandemic.
Asian stocks rally after Dow hits record as inflation worries easeAn index of regional stocks excluding Japan rose 0.7%, led by a 1.7% surge in South Korea's Kospi, and was on track for its first three-day advance in three weeks.
from Stocks-Markets-Economic Times https://ift.tt/3cmVFlx
… Read MoreMFs trim blue-chip holdings amid redemption pressureFunds bought shares of NTPC and IndusInd Bank to the tune of Rs 700 crore each; while in L&T, they were buyers worth Rs 650 crore during the month, said Edelweiss.
from Stocks-Markets-Economic Times https://ift.tt/3rEYuo… Read MoreExecs get longer stint at top deck of PSU banksThe latest set of appointments, however, come with a crucial rider — at least for those who have a longer run at the top — the performance of these executives will be reviewed after two years.
from Stocks-Markets-Economic Ti… Read MoreInflation target may not be changed: BofA SecThe recent firming up of food prices, cooking gas and rising petrol prices are expected to push CPI-consumer price index (CPI) inflation up to 4.85% in February from 4.1% in January, according toa report by BoA Securities.
f… Read MoreWarren Buffett becomes sixth member of $100 billion clubBuffett added $1.9 billion to his fortune on Wednesday as Berkshire Class A shares hit a record high, helping lead a second day of gains for the S&P 500.
from Stocks-Markets-Economic Times https://ift.tt/3ci3Akh
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