Market analysts report that Waaree Energies’ current GMP stands at Rs 1,340, reflecting an 89% premium to the issue price. The offering consists of a fresh equity sale of Rs 3,600 crore and an offer for sale (OFS) worth Rs 721 crore.
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