Though Tata Chemicals has an ambition to incrementally increase its presence in specialty chemicals, the basic chemicals segment, which forms 75-80% of the revenue, will continue to influence the financials in the medium term.
Federal Reserve Governor Christopher Waller opposes a rate cut at the upcoming policy meeting. He suggests future cuts are possible if inflation pressures decrease. Waller
Shares in Australia and Japan fell more than 1% in opening trade while equity index futures for Hong Kong slipped. Drops for Japanese benchmarks reflected
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