The total market value of Adani’s 10 listed companies rose by ₹68,300 crore on Friday after gaining ₹1.04 lakh crore in the previous three trading sessions. Gautam Adani’s wealth, as shown in the Forbes Billionaires List, rose $5.4 billion on Friday to $43.3 billion, and his ranking jumped from 37 early this week to 26 on Friday.
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