“Signs of a peak in inflation and lower incremental depreciation pressures on the currency increase the likelihood that RBI might dial down the scale of the hike in December to 35 basis points, after three consecutive 50-basis point increases, and the tightening cycle peaking in early 2033, ahead of the US Fed,” said Radhika Rao, senior economist, DBS Bank.
Silver Storm Parks & Resorts Limited Successfully Concludes IPO
Silver Storm Parks & Resorts Limited successfully concluded its initial public offering, raising ₹82.43 crore. The company’s Qualified Institutional Buyers category saw strong subscription interest.