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The US Federal Reserve announced Thursday that its policymakers and senior staff would be barred from investing in individual stocks and bonds. They would also have to provide 45 days’ advance notice of any trade and receive prior approval from ethics officials.

FSN E-Commerce Ventures Ltd, which runs online marketplace for beauty and wellness products Nykaa, has fixed a price of Rs 1,085-1,125 a share for its Rs 5,352-crore initial public offering, which will open on October 28. The three-day initial public offering will conclude on November 1, according to the red herring prospectus (RHP).

The Reserve Bank remains laser-focused to bring back retail inflation to 4 per cent over a period of time in a non-disruptive manner, governor Shaktikanta Das stressed while voting for status quo in interest rates, as per minutes of the October policy meeting released on Friday. The retail inflation, which was above 6 per cent … Continue reading RBI remains laser-focused to bring back inflation to 4%: Das

International Monetary Fund (IMF) managing director Kristalina Georgieva has announced that Gita Gopinath, the Fund’s first female chief economist and director of the research department, intends to leave in January 2022 and return to Harvard University’s economics department as planned when her public service leave ends.