The Adani Group raised $13.8 billion in equity between 2019 and 2024, among the highest such exercises by an Indian conglomerate after Reliance Industries. The money had been raised by Adani Enterprises, Adani Green Energy, Adani Energy Solutions and Adani Total Gas.
US inflation tops 4% for first time in three years, keeping Fed hike in play
US inflation climbed to 4.1% in May, driven by rising energy prices, keeping the Federal Reserve’s interest rate hike plans on the table for September.