Powell speaks on the economic outlook at 10 a.m. Washington time Friday and is expected to re-state the Fed’s resolve to keep raising interest rates to get inflation under control, though he’ll probably stop short of signaling how big officials will go when they meet next month.
Manufacturing push can offset BoP pressure: Jaspal Bindra, Centrum Group
The new risk weightage norm is not a big challenge for Unity as we don’t have a big legacy book. But it will put a