The RBI cut interest rates by 25 bps and adopted an accommodative stance amid global uncertainty. With lowered growth and inflation projections, the central bank remains cautious yet flexible. Its future actions depend on evolving global trade tensions, particularly China’s currency moves and potential Fed rate cuts.
Adani’s Cemindia is said to near up to $524 million share sale
Adani Group-backed Cemindia Projects, formerly known as ITD Cementation India, is preparing to launch a qualified institutional placement (QIP) to raise up to Rs 5,000