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RBI likely to hike repo rate by 50 bps in its next policy meet: Morgan Stanley

Faced with sticky inflation and a continued hawkish stance by various central banks, the Reserve Bank of India is likely to raise repo rates by another 50 basis points with an unchanged policy stance when it meets for the next monetary review, global investment and financial services firm Morgan Stanley said.

List of top 500 profitable companies published

Vietnam Report and the online newspaper Vietnamnet have announced the list of the 500 most profitable companies (PROFIT500) in Việt Nam in 2022. Among the companies, the ten at the top comprise PetroVietnam, Samsung Electronics Vietnam Thái Nguyên, Hòa Phát Group, Viettel, Vietcombank, Techcombank, Vietnam Electricity, VietinBank, Military Bank and Agribank.