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“Progress on vaccinations has reduced the spread of Covid-19 in the United States,” the Federal Open Market Committee said in a statement released Wednesday following the conclusion of its two-day policy meeting.
Future Retail lenders give nod to debt recast planThe resolution plan also includes the restructuring of Future Retail’s non-convertible debentures (NCDs) that are listed on bourses. However, NCDs issued to certain trusts and US bonds, carrying an annual interest of 5.6% and… Read MoreBrokerages bullish on HDFC Bank post Q4The lender on Saturday reported an 18.2 per cent year-on-year rise in net profit at Rs 8,186.5 crore while net interest income was up 12.6 per cent from year-ago level at Rs 17,120.2 crore. CLSA, BoB Caps, Edelweiss, Elara Se… Read MoreHDB’s Q4 net falls 17% on provisionsAnalysts said the company has been able to arrest the slide in asset quality after a deteriation in the nine months of the fiscal. Gross NPAs had increased to 5.9% in December from 5.1% in September 2020.
from Stocks-Markets… Read MoreLarge corrections unlikely, but 14,250 support crucialStock indices fell 1.5% last week and are down 7% since record high levels that were hit in mid February. Technical analysts see the broader index facing resistance at 14,900 and 15,000. The Nifty ended up 36.40 points, or 0.… Read MoreTop 3 IT firms’ hiring up 44% at 72,000 in FY21Set To Onboard In Large Numbers This Fiscal Too After Bagging Record Deals
from Stocks-Markets-Economic Times https://ift.tt/3al1boT
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