FOMC Set To Meet Today, Union Cabinet Approves 5G Auction | Top Headlines Of Hour

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Top headlines of the hour
1) The FOMC is scheduled to meet on Wednesday, and the probability of 75 basis points increasing from 4% to over 95% within a week is expected. soaring inflation
2) Nifty flat ahead of the important FOMC meeting today. Auto pharma is slightly better off. However, metals are under pressure.
3) Despite a rise in Singapore, crude prices remain above the 120-dollar mark.According to experts, supply concerns outweigh demand concerns.
4) The Union Cabinet approves Tot's proposal to hold a 5G auction in July. The 72 GHz spectrum will be auctioned for 20 years. Reserve prices are set for Mumbai.
5) Malabar has piqued the interest of Genesys International.Genesys is planning to raise Rs 255 crore in a round of equity investment, which is intended to accelerate the company's program.
6) Tata's communication announces multiple initiatives to strengthen products and capabilities. Tata's communication fixes focus on upbeat revenue.
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