Bharti Airtel briefly surpassed HDFC Bank to become India’s second-most valuable company on Monday, with its market capitalization reaching ₹11.9 lakh crore. However, HDFC Bank’s shares rebounded, pushing it back to the second spot by market close. This shift reflects the underperformance of traditional heavyweights like IT and banks.
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