Value 360 Communications shares debuted on the NSE SME platform Monday. The stock opened at Rs 78.4, a 20% discount to its IPO price of Rs 98. This listing was below grey market expectations. The Rs 41.69 crore IPO saw overall subscription of 1.20 times. Institutional investors showed strong interest, while retail demand was subdued.
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