The Shanti Gold IPO is priced in the range of Rs 189 to Rs 199 per share, with a minimum application size of 75 shares — translating to Rs 14,925 at the top end. Ahead of the issue opening, Shanti Gold International raised Rs 108 crore via anchor investors.
Indian exporters are calling on the government to lift the cap on interest subvention. They state current support is insufficient to counter rising global trade
The rupee hit a one-week high as expectations of RBI measures to curb oil refiners’ dollar demand boosted sentiment and eased pressure on the currency.
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