Top Indian investors saw their portfolios shrink in the first quarter. Hemendra Kothari and Mukul Agrawal experienced over 25% declines. Madhusudan Kela’s holdings fell 21%. The portfolios of Rakesh Jhunjhunwala’s family and Anil Kumar Goel were least affected. This period marked a sharp market downturn impacting many.
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