India may set up a panel to identify public sector banks that can be privatized, including mid- and small-sized ones. The move comes after state-owned lenders turned profitable and several rounds of consolidation reduced the number of banks. The committee, which may include officials from the Department of Investment and Public Asset Management, the RBI and Niti Aayog, will determine quantum of stake sale.
Traders raise odds of 50 bps Fed rate hike as CPI rise exceeds expectations
New data has revealed that US consumer prices rose faster than anticipated, prompting speculation about interest rate changes. Fed Governor Christopher Waller suggested a half
November 10, 2026