Stocks in news: The domestic markets closed flat on Wednesday. Hindustan Zinc set a floor price of Rs 486 for its offer for sale. SpiceJet’s net profit fell by 20%. Ola Electric posted a wider net loss. Karnataka suspended dealings with SBI and PNB. Glenmark Pharma reported a Q1 net profit of Rs 340 crore.
Justice Department drops criminal probe of Fed chair Powell, likely clearing way for Warsh
The Justice Department has concluded its investigation into Federal Reserve chair Jerome Powell. This decision removes a significant obstacle to the confirmation of Kevin Warsh,