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NEW DELHI: Equity indices jumped for fifth straight session on Monday with the benchmark BSE sensex rising over 900 points led by gains in banking, financial stocks.

TWO of the most powerful central banks in the world are poised to put up interest rates this week as they battle runaway inflation – but there are warnings that could just cause further turmoil to economies battered by the Ukraine war.

Russian invasion of Ukraine has intensified pressure on the Bank of England to raise rates as consumer price inflation increases

Experts say the Bank of England is 'highly likely' to raise interest rates. There are also fears fallout from the conflict in Ukraine could lead to rising costs for businesses

The cost of homeloans is soaring as lenders increase mortgage rates quickly, adding yet another increased bill to those already faced by hard-up British households

Recent Bank of England analysis found that the affordability test may have caused some borrowers to take out smaller mortgages than they could have done in its absence.

Threadneedle Street is offloading debt, but the Ukraine situation poses a new dilemma for all central banks

Move is latest sign of the limits of Beijing’s support for Moscow as it faces sanctions and censure over war in Ukraine.

A London court has ordered two Lebanese banks to pay a depositor $4 million of his money locked in Lebanon’s crippled banking system by informal capital controls in place since a financial meltdown in 2019, the first such ruling in Britain. The High Court of Justice, Queen’s Bench Division, ordered…