Reliance Industries is shifting Jio Platforms’ IPO from an offer for sale to a fresh issue due to investor disagreements on pricing. This move prioritizes protecting retail investors by allowing market determination of post-listing prices, with proceeds directly benefiting the company for debt repayment and expansion.
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