According to CLSA, the changes are expected to reduce operating expenses (Opex) for Indraprastha Gas Ltd (IGL) and, to some extent, for Mahanagar Gas Ltd (MGL). However, GSPL is anticipated to be the biggest beneficiary of these amendments, as highlighted by the global brokerage firm.
Chicago Fed President Goolsbee rejects calls for Fed rate cuts to ease US debt burden
Chicago Fed President Austan Goolsbee rejected calls for interest-rate cuts to ease the US government’s debt burden, warning that such a move could fuel inflation