Asian equities showed mixed performance as investors awaited a key US inflation report. US stocks reached a new high after strong economic data eased recession fears but also fueled concerns about persistent inflation. The market anticipates potential Fed rate cuts, influenced by economic indicators and geopolitical factors like the Russia-Ukraine situation, impacting commodity prices.
Zee Entertainment approves Rs 600-crore share buyback at Rs 91 apiece; promoters to stay out
Zee Entertainment has approved a Rs 600 crore share buyback at Rs 91 per share, a 24% premium over its latest NSE closing price. The