Afcons Infrastructure shares jumped over 5% after the company secured its largest-ever international project—a Rs 7,544 crore railway construction and rehabilitation order in Croatia. The win marks Afcons’ entry into the European infrastructure market, boosting sentiment as mutual funds raised stakes and technical indicators signalled strengthening momentum.
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