The Bank of Japan raised its interest rates to 0.5%, the highest level since the 2008 financial crisis, demonstrating confidence in stable inflation around the 2% target. The central bank’s decision follows rising wages and aims to gradually increase rates to around 1%, amidst stable financial markets.
Govt to sell up to 6% stake in Hindustan Copper via OFS; floor price at 10% discount
The government will sell a 3% stake in Hindustan Copper through an OFS at Rs 514 per share, with an option to divest another 3%.