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▫️Fed hiked interest rate by 50 bps to highest level in 15 years.

▫️SBI hiked lending rates by 25 bps.

▫️WPI inflation hits 21 month low of 5.85%.

▫️ Railways to get budget grant of Rs 2 trillion.

▫️Edible oils import up by 34% in November.

▫️M&M to spend Rs 10,000 crore for developing EVs and new plant.

▫️Tata Motors received order to supply 5,000 Xpress T-EVs to Everest Fleet Pvt. Ltd.

▫️Torrent Pharma signed pact with Boehringer to co market diabetes drugs in India.

▫️JB Chemical to buy Razel franchise from Glenmark.

▫️EU agrees on €20 billion funding to avoid Russian fossil fuel.

▫️China holds top level emergency meeting as Covid cases spike in the country.

▫️HSBC will stop funding new oil and gas fields as part of its new climate strategy.

▫️Number of active clients for brokers continue to decline in November.

*This is for educational purpose only*