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The ‘Reflation Trade’ is a way to play this trend and it has been underway for some time since Joe Biden’s victory on November 3.
China reconsiders global strategy for YuanThe yuan rallied to the strongest in more than two years earlier this week, aided by dollar weakness and China’s economic recovery from the virus pandemic.
from Stocks-Markets-Economic Times https://ift.tt/2HqzzU6
… Read MorePelosi, Mnuchin trade blame on unending US stimulus stalemateTreasury Secretary Steven Mnuchin, Pelosi’s primary negotiating partner, said there’s been significant progress but blamed the California Democrat for holding up an agreement.
from Stocks-Markets-Economic Times https://ift.t… Read MoreTata Motors scouting for partner for PV bizThe auto major is looking for collaboration even as the process to carve out passenger vehicle (PV) business as a separate standalone unit gathers steam.
from Stocks-Markets-Economic Times https://ift.tt/37DNRLG
… Read MoreVedanta’s debt maturities prompt credit rating warningsVedanta Ltd. holding companies Vedanta Resources Ltd. and Volcan Investments Cyprus Ltd. must repay a combined $1.17 billion next year.
from Stocks-Markets-Economic Times https://ift.tt/37GjjJk
… Read MoreNo more sleepless nights for Yes Bank CEO Prashant KumarYes Bank returned to profit in the quarter ended September and Kumar made provisions for potential covid-related losses.
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