The dollar weakened near a three-year low as President Trump’s criticism of Fed Chair Powell undermined investor confidence. Concerns arose about potential actions to replace Powell, triggering fears of a dollar panic. Escalating trade tensions with China further fueled economic anxiety, contributing to the dollar’s decline against major currencies like the euro and Swiss franc.
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
August 26, 2026