Pound Falls After Weak U.K. Retail Boosts Prospect of Rate Cut
By Ritu, Capital Sands The pound slipped after U.K. retail sales data unexpectedly fell in December, increasing the chances that the Bank of England may cut a key interest rate this month. Sterling dropped 0.2% to $1.3049 and declined against all its Group-of-10 peers as the volume of goods sold in stores and online fell 0.6% in December, confounding […]
BJP’s OBC meet to begin in Patna today, all eyes on Mahagathbandhan vote bank
By Ritu, Capital Sands After wooing upper caste voters by bringing a law to provide 10 per cent reservation to economically weaker section amongst the forward caste, the Bharatiya Janata Party is now eyeing to make inroads into the OBC vote bank of the Mahagathbandhan ahead of the crucial 2019 Lok Sabha elections. The […]