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Asset sale alone won't re-rate Dalmia Bharat

The wholly-owned unit Dalmia Cement (Bharat) Ltd has entered into a binding agreement to sell its entire 42.36% stake in the refractory business to promoter group company, Sarvapriya Healthcare Solutions Pvt. Ltd. ....

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MSNBC Jose Diaz-Balart Reports June 4, 2024 15:07:00

They are going to continue to hike rates at a smaller amount so they don t hit the brakes too hard and engineer what they call the hard landing of that plane hitting the tarmac, but something that can resemble a situation where inflation comes down without leading to any spike in unemployment. captain sullenberger, fed mi something like this and bring it down nicely into the son. it s impossible to pull off. as difficult as that may be, going back to your point of what people feel at home when they do go to the market and when they go to fill the tank, the price of gasoline has been dropping kiptly. but then you have heating oil and so many of the costs we depend on for our everyday existence, i want to if you could clear up core and noncore, ....

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MSNBC Jose Diaz-Balart Reports June 4, 2024 15:05:00

the interest rate hikes are a blunt instrument. it s not like the fed and jerome powell can go in there and tweak eggs we it s well above what we paid last week. the consumer out there is not paying attention to .1%. it s better than a .3% increase in the statistics. they are paying attention to the print at the gas pump and the grocery store. you go through these routines and you know what milk costs. you know what bread costs and chicken, fish, dairy, all these things you have been going to the grocery store forever. when you get these chunky double-digit price increases year over year, that s not being suspended by this pullback in core and non-core inflation, you don t care what the statistics are. moreover, this is a big cause between 7% headline inflation and the 2% target that the fed wants. it still means the fed is going to hike. maybe by half a point. ....

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