Muthoot FinCorp has approved plans to raise up to Rs 4,000 crore via an IPO, aiming to fund expansion in the fast-growing gold loan market. The company, fully owned by its promoter family, plans a fresh issue of shares as strong gold prices and demand boost sector growth prospects.
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