Investors got poorer by Rs 1.97 lakh crore on Thursday as market capitalisation of all listed companies declined to Rs 264.27 lakh crore. The rupee strengthened against the dollar. But RBI’s likely intervention capped further spike and brought the local unit closer to 82 per dollar.
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