Suzlon Energy shares 2% dipped after Sebi imposed nearly Rs 29 crore in penalties on the company and former executives for misrepresenting financial positions. The regulator found inflated profits and inadequate disclosures stemming from transactions involving subsidiaries, impacting the company’s reported net worth and financial health.
Fed’s Jefferson urges patience on rates; Kashkari sees more hikes ahead
Federal Reserve Vice Chair Philip Jefferson stated that he sees no immediate need for further interest rate adjustments. He emphasized that future decisions would depend