GMR Airports Infrastructure will acquire a 10% stake in Delhi International Airport Limited (DIAL) from Fraport AG for $126 million. GMR, which already holds 64% of DIAL, anticipates completing the transaction within 180 days.
Warsh’s gamble: A quieter Federal Reserve could mean volatile markets, higher rates
New Federal Reserve Chair Kevin Warsh is significantly reducing the central bank’s communication, particularly “forward guidance” on interest rates. This move, aimed at making markets