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EXPLAINED: 19 | Vintage Vibes

Admission schedule for pharmacy courses in Andhra Pradesh to be released soon

Commissioner, Department of Technical Education, Chadalavada Nagarani has said with the government ready to extend permission of the pharmacy colleges, the admission schedule of B. Pharmacy and Pharm-D courses in Andhra Pradesh would be released soon.

The Hindu

‘A whiff of 2008’: analysts detect danger in Bank of England’s crackdown on inflation

With wages growth and job vacancies slowing, the monetary policy committee should hold interest rates again if it wants to avoid storing up trouble

The Guardian - UK

UK has highest inflation in G7 after CPI fails to fall in September – as it happened

UK consumer prices inflation remained at 6.7% in September, dashing hopes of a fall, as petrol and diesel prices increase

The Guardian - UK

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Wages are still too hot for Bank of England to relax on interest rates

City Comment: The post-pandemic wage boom is not over yet

Evening Standard

UK regular pay rising faster than inflation again; Goldman Sachs profits fall by a third – as it happened

Basic pay outpaces inflation for the first time in almost two years, but fall in vacancies suggests jobs market is cooling

The Guardian - UK

Bank of England has more ‘work to do’ to control inflation, says chief economist

Huw Pill raises possibility of interest rate rise, saying war between Israel and Hamas may affect oil priceBusiness live – latest updates

The Guardian - UK

Full force of interest rate hikes is yet to be felt, says Bank of England official

Swati Dhingra says economy has flatlined and millions of mostly young and poorer people could be affected if rates stay high

The Guardian - UK

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Tightrope walk: On RBI holding rates

RBI’s Monetary Policy Committee decision to leave interest rates unchanged even as the central bank warned of the major risk that ‘high inflation’ poses to macroeconomic stability is a clear sign that monetary authorities find themselves caught in a cleft stick.

The Hindu

3 Energy Stock Investments Beating Exxon Mobil (XOM)

Considering the burgeoning crude oil prices, the energy sector has considerable potential for significant expansion this year. Given this backdrop, quality energy stocks TotalEnergies SE (TTE), Marathon Petroleum Corporation (MPC), and Valero Energy Corporation (VLO), which are outpacing Exxon Mobil (XOM), could be wise portfolio additions now. Read on….

StockNews.com

Chart of the Day: Marathon Petroleum --- All Time High

The Chart of the Day belongs to the energy company Marathon Petroleum (MPC) . I found the stock by using Barchart's powerful screening functions to find stocks with the highest technical buy signals, highest Weighted Alpha, superior current momentum and having a Trend Seeker buy signal then used the Flipchart...

Barchart

Judging by the state of the UK economy, the Bank is done with interest rate hikes

Decision to hold rate at 5.25% will be good news for mortgage holders and firms but reflects dramatic weakening of economic activity

The Guardian - UK

UK interest rates stay at 5.25% in surprise move by Bank of England

The Bank of England announcement comes after inflation unexpectedly fell this week

The Independent UK

Bank of England should speed up interest rate cuts to avoid further pain

City Voices: Higher interest rates and more people out of work means there is just less money to go around

Evening Standard

Yet another Bank of England rate rise looks likely – but this may be the last

Rising unemployment and sluggish economic growth are unlikely to derail Threadneedle Street’s drive to curb inflation

The Guardian - UK

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The Hindu

Schedule of EAPCET counselling released

Final phase of counselling for AP EAPCET-2023 MPC stream begins: Processing fee/registration on 14/15, online verification 14-16, option entries 14-17, change of options 17, allotment of seats 21, report to college 22-25.

The Guardian - UK

UK ‘mortgage meltdown’ looms amid ‘terrifying’ growth in arrears

Jump in borrowers unable to make payments with landlords particularly hit and ‘worse to come’

Evening Standard

Bank of England likely to raise interest rates again after fast wage growth, but it could be the last hike

Today, City financial markets were pricing in the likelihood of a further hike at around 75%

The Independent UK

Bank policymaker warns pausing UK interest rate hikes could ’embed’ inflation

Catherine Mann, who is a member of the Bank’s Monetary Policy Committee, said she would rather ‘err on the side of over-tightening’ monetary policy.

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The Guardian - UK

UK interest rates now expected to peak at 5.5%; offshore wind power auction flops – as it happened

Government criticised as Britain’s latest subsidy auction to help support new renewable energy projects awarded no contracts for offshore wind projects

The Guardian - UK

Bank of England governor expects ‘quite marked’ fall in UK inflation

Pound falls as Andrew Bailey’s comments call into question need for further interest rate rise

The Guardian - UK

Mountain view: Bank top economist offers two routes to beating inflation

Huw Pill says he prefers longer, more steady use of interest rates of Table Mountain model over sharp rise and fall of Matterhorn approach

StockNews.com

Marathon Oil (MRO) vs. Marathon Petroleum (MPC): Which Energy Stock Has the Potential for Great Momentum in September

A pickup in demand for oil and gas and constrained supplies amid production cuts will likely push crude prices higher, driving strong investor interest in the energy sector. Thus, energy stocks Marathon Oil (MRO) and Marathon Petroleum (MPC) are well-placed to gain robust momentum in the near term. But which…

Barchart

3 Energy Stocks to Add to Your Dividend Portfolio

Supercharge your investment strategy with these three energy stocks that offer a potent blend of dividends, growth potential, and resilience in a rapidly transforming sector.

The Hindu

Govt.’s pre-emptive measures will cool food prices: Finance Ministry

Finance Ministry says food inflation likely to be transitory due to govt pre-emptive measures & arrival of fresh crops. Govt has taken steps to restrain food inflation & imports of pulses to moderate inflation. RBI's MPC revised inflation projection to 5.4% & Govt capex driving growth. External sector needs monitoring…

The Independent UK

What falling inflation means for your mortgage

Consumer Price Index falls 1.1 per cent in a month but core inflation remains stubbornly high, meaning further interest rate rise likely

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