The prime reason for the FPIs’ sustained interest in the infrastructure stocks is the improving order prospects and revenue visibility of the companies. For instance, Larsen & Toubro, India’s largest infrastructure company, reported 14% year-on-year increase in prospective orders at Rs 4.9 lakh crore as of December 2022.
Fed’s Jefferson urges patience on rates; Kashkari sees more hikes ahead
Federal Reserve Vice Chair Philip Jefferson stated that he sees no immediate need for further interest rate adjustments. He emphasized that future decisions would depend
October 1, 2026