The upcoming week of August is packed with dividend declarations and corporate actions from several companies across sectors like FMCG, finance, energy, and infrastructure.Heavyweights like Akzo Nobel, Grasim, ICICI Bank, Godrej Consumer, Pidilite, and many more are scheduled to distribute generous payouts. Under the T+1 settlement cycle, investors must purchase shares one trading day before the ex-date to qualify for dividends or corporate actions.
Fed’s Jefferson urges patience on rates; Kashkari sees more hikes ahead
Federal Reserve Vice Chair Philip Jefferson stated that he sees no immediate need for further interest rate adjustments. He emphasized that future decisions would depend