Economists anticipate the Reserve Bank of India (RBI) to maintain policy rates next week, despite potential for cuts, due to uncertainties from US tariffs and GST impacts. While some advocate for proactive rate cuts given low inflation, the majority prefers retaining options, awaiting clearer signs of economic slowdown and assessing the effects of recent GST reductions on inflation and growth.
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