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Thursday, July 22, 2021

Govt clears 100% FDI in PSU oil cos to pave way for BPCL selloff

The government on Thursday cleared 100% FDI (foreign direct investment) through the automatic route in public sector oil companies, paving the way for overseas investors to acquire Bharat Petroleum Corporation, which is up for sale.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3x2Q38l

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US Federal Reserve meet today: Kevin Warsh-led FOMC keeps interest rates unchanged

The US Federal Reserve, which began its two-day policy meeting on Tuesday, was widely expected to leave its benchmark interest rate unchange...