Indian Markets

Steady as She Goes: Bank of Japan Holds Firm Amid Global Uncertainty

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In a move widely anticipated by financial markets, the Bank of Japan (BOJ) has once again opted for stability, holding its key interest rate steady at 0.50%. This decision underscores a cautious approach from the central bank as it navigates a complex web of domestic recovery and global economic risks. A Divided Vote, A Unified … Read more

Citi Initiates Coverage on JSW Cement with a ‘Buy’; Target Price ₹165

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Citigroup has initiated coverage on JSW Cement and has rated the stock a Buy, citing visibility of growth prospects and cost leadership in the cement segment, with a target price of ₹165. The brokerage noted that JSW Cement currently operates grinding capacity of 21.6 million tonnes (mt) and clinker capacity of 6.4 mt, projected to … Read more