Dalal Street saw a peculiar event where investors confused Parle Industries with the original Parle candy maker. A social media video led to a surge in Parle Industries’ stock. This mix-up highlights a recurring investor behavior. Similar incidents have occurred with other companies, demonstrating a pattern of name-based trading errors.
Fed’s Jefferson urges patience on rates; Kashkari sees more hikes ahead
Federal Reserve Vice Chair Philip Jefferson stated that he sees no immediate need for further interest rate adjustments. He emphasized that future decisions would depend