The market is anticipating the initial public offer (IPO) of Hyundai Motor India, which announced its price band today. The subscription period will open on October 15 and close on October 17. Following the price band announcement, the company’s grey market premium (GMP) remains steady at Rs 147.
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