Railway stocks surged up to 10% on Monday. Indian Railways is preparing a large tender for one lakh freight wagons. This procurement is expected over the next three to four years. The tender could be worth Rs 40,000 crore. This news boosts companies like Jupiter Wagons, Titagarh Rail Systems, and Texmaco Rail & Engineering. Investors are watching these developments closely.
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