Economists are urging the Reserve Bank of India to lower interest rates at its upcoming December meeting. They point to record low consumer inflation as a key reason. A rate cut is expected to stimulate economic growth in the coming months. This move is seen as beneficial without significantly affecting inflation levels.
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