The US Federal Reserve maintained interest rates at 4.25%-4.5% amid rising uncertainty from tariff escalations and mixed economic data. This decision aligns with market expectations, signaling a cautious approach balancing inflation risks and slowing growth concerns. The Fed will continue monitoring economic developments and reducing its holdings of Treasury securities.
Jio Platforms shares surge 21% on debut, overtake Airtel in market cap
Jio Platforms made a remarkable entrance in the stock market, soaring 21.4% above its IPO price on the first day of trading. Closing at ₹1,417.35,