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.
Asian markets followed Wall Street higher after the US Federal Reserve lowered interest rates. Fed Chair Jerome Powell indicated confidence in the US economy’s future.
Pension regulator PFRDA has revised investment rules, allowing private pension funds to invest in the top 250 market-cap stocks and gold/silver ETFs for better returns.
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