|
Stephen Miran, a recent Trump appointee to the Federal Reserve, dissented from the majority by advocating for a larger rate cut. His call for more aggressive easing was not supported by other policymakers, including fellow Trump appointees. Fed Chair Jerome Powell emphasized the importance of data-driven arguments and the institution's independence, despite Miran's outlier projections.
Category:
News and Media
India's IPO market is poised for substantial growth, potentially adding $1.3-1.5 trillion in market capitalization over the next 7-10 years, driven by strong domestic investor participation. Jefferies India highlights the increasing role of domestic institutions in IPO anchor books and Sebi's supportive regulatory measures. While FIIs express concerns about valuation mismatches, AI is expected to enhance efficiency in documentation processes.
Category:
News and Media
iValue Infosolutions, an enterprise technology services provider, is set to raise up to 560 crore through an offer for sale, reducing the promoter group's stake to 32.7%. The company's revenue dipped in FY24 but recovered in FY25, with net profit increasing. Investors may consider waiting for a stable financial pattern post-listing, given the fluctuating cash flow and lower Ebitda margin.
Category:
News and Media
All news |
||||||||||||||||||
|