Adani Group’s gross assets surged by ₹75,277 crore in the first half of this fiscal year, fueled by increased capital spending. This growth, however, led to a rise in gross debt and a dip in liquidity.
US inflation tops 4% for first time in three years, keeping Fed hike in play
US inflation climbed to 4.1% in May, driven by rising energy prices, keeping the Federal Reserve’s interest rate hike plans on the table for September.