NHPC shares surged over 5% as the government’s offer for sale (OFS) opened for retail investors. The OFS was oversubscribed 3.47 times on the first day, prompting the government to exercise its green shoe option. Retail investors and employees can now bid on June 3, 2026.
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