“It is certainly possible we would raise the funds rate at the September meeting if the data warranted, and I would also says it’s possible that we would choose to hold steady at that meeting” if that’s what the data called for, Powell said.
No AGR relief, a higher proportion of telecom debt may get converted into equity: Balaji Subramanian
The Supreme Court has rejected the plea by telecom companies for re-computation of adjusted gross revenue (AGR), leaving no relief for major players like Vodafone