The mega 75% rate hike announced by US FED last night (15th June 2020) was the biggest in nearly 30 years. But not surprising, given the imminent need to tame inflation, which is rising at its fastest pace in 40 years in the US. The puzzling question still lingers on, how much is enough to cool spiraling […]
🖊️ India Inc Continues to roll good and steady last Quater Results. Axis Bank yesterday declared stupendous results. Net Profit Soaring 224% (Y-O-Y). 🖊️ But unfortunately we are stung by Global events. US Record High inflation is nudging US FED to come out and Increase Interest rates.( Stock Markets don’t like it. 👎.) 🖊️ Crude […]