Fairfax’s Odyssey Reinsurance offers Rs 500 crore debt to IIFL Finance for gold loans. Prem Watsa’s subsidiary provides secured, rated bonds at 9.5% coupon. ET’s comment requests to IIFL Finance and Fairfax go unanswered.
Bitcoin trades at $79,000, next week’s US inflation data to test rate-cut hopes and crypto valuations
Bitcoin hovered near $79,000 as investors awaited US inflation data for clues on Federal Reserve policy. Softer inflation could revive rate-cut hopes, while hotter data