The Reserve Bank of India’s slower interest rate increase of 50 basis points compared with the US Federal Reserve’s 75 basis points was guided by the inflation target and actual inflation as well as the need to nurture the economic recovery. A basis point is 0.01 percentage point.
Rs 70,000 crore pipeline awaits IPO market in FY25, featuring some household names
Companies raised Rs 62,000 crore through initial share sales in fiscal 2024 and the pipeline looks equally strong. As much as Rs 70,000 crore worth