The Bank of England has issued a stark warning. A massive spending boom in artificial intelligence infrastructure, funded by debt, faces significant risks. Stretched stock market valuations are a major concern. A correction in AI stocks could impact wider debt markets. This situation is developing and could affect household wealth and borrowing costs.
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%.