UK’s banking stocks get immediate lift from bank of England

It will be a net positive for banking sector as UK finally gives go ahead for a rate hike. Image Credit: Bloomberg London: Banking stocks jumped in London as Bank of England policymakers voted overwhelmingly to hike interest rates in a move that’s set to boost profits from lending and income earned by investing deposits.…

Banking & finance

India, China or the IMF are best-placed to help Sri Lanka fend off its looming economic crisis, experts say. Meanwhile in New Delhi, the soaring price of staples means tomatoes are out of reach for some ordinary folk.India, China or the IMF are best-placed to help Sri Lanka fend off its looming economic crisis, experts…

Why millennials are making room for real estate?

The real estate rally seems prepared to continue in 2022 as well, as buyers who are yet undecided may find themselves convinced to seal the deal soon. Millennials have always had to fight hard in life. Directly affected by the 2008 financial crisis, they have again been squarely hit by the pandemic. In fact, one…