Vedanta’s long-term ratings were upgraded by ICRA following successful fund-raising efforts, including a $1 billion QIP and $400 million OFS of Hindustan Zinc shares. These moves are expected to improve credit metrics and reduce debt, enhancing financial flexibility.
Oil prices fell at Monday’s open after US President Donald Trump said he was highly unlikely to order fresh attacks on Iran as long as
Non-bank lenders and housing finance companies are expected to raise lending rates in response to proposed regulatory changes. This adjustment aims to offset potential income
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