At 11:06 a.m., the public issue was subscribed 1.09 times. The retail category was subscribed 4.08 times, while the NII portion garnered 1.18 times bids. There were no bids from qualified institutional buyers so far.
The Federal Reserve’s potential rate hike looms over global markets. US 10-year sovereign yields nearing five percent pose a significant challenge. This rise makes emerging
Economists are gearing up for a potential rate hike from the central bank as soon as October, driven by escalating crude oil prices and ongoing
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