Indian mutual funds are significantly increasing their stakes in Adani Power, Adani Green Energy, and Adani Energy Solutions. This strategic shift indicates a strong conviction in India’s electrification drive. These companies are seen as key players in meeting the nation’s growing demand for electricity driven by data centers, electric vehicles, and manufacturing.
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