When a company receives final observation from Sebi, it’s a signal from the regulator to go ahead with the IPO. The regulator issued its final observations on the draft papers last week.
India’s gold consumption is projected to drop to 650–700 tonnes this year as a sharp price rally hurts jewellery demand. Investment buying remains strong, with
Federal Reserve President John Williams told CNBC on Friday he does not see an imminent need to follow last week’s interest rate cut with another
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