 |
|
|
|||||
Money managers are advising wealthy Indian investors to consider higher-risk debt options. These options include deals from Shapoorji Pallonji and Pharmeasy. Minimum investments are significantly higher, creating an exclusive market. These private debt transactions offer double-digit returns. However, they come with limited liquidity and increased risk. Experts emphasize the importance of understanding these risks before investing.
Category:
News and Media
The Indian rupee plummeted to a record low of 88.7975 against the dollar, becoming the worst-performing Asian currency due to rising US visa fees and trade tensions. These factors threaten India's IT sector and remittances, exacerbating pressures from high tariffs and weak foreign investment. The RBI's limited intervention suggests a possible strategy to aid exporters amidst trade uncertainties.
Category:
News and Media
Addressing the UN, the U.S. President touted economic achievements, border security, and ended conflicts. He criticized the UN's ineffectiveness, particularly on migration, and offered American leadership for a safer world. The President advocated for strong borders, traditional energy, and national sovereignty, urging nations to reject failed approaches and embrace freedom.
Category:
News and Media
Jerome Powell, Federal Reserve Chair, indicated a careful strategy for upcoming interest rate reductions. This contrasts with other Fed officials advocating for quicker action. Stephen Miran suggested a significant rate cut. Michelle Bowman also supported faster cuts due to cooling inflation and a weakening job market. Other Fed officials, like Austan Goolsbee, urged caution, citing inflation above the 2% target.
Category:
News and Media
Epack Prefab Technologies garnered Rs 151 crore from anchor investors, including Whiteoak Capital and Morgan Stanley Asia, prior to its Rs 504-crore IPO opening on September 24. The company finalized the allocation of 74.11 lakh shares at Rs 204 per share. Proceeds from the IPO will fund manufacturing expansion and debt repayment.
Category:
News and Media
Sites : [48] [49] [50] [51] [52] [53] [54] [55] [56] [57] [58] [59] [60] [61] [62] [63] [64] [65] [66] [67] next »