The Federal Reserve faces an unusually contentious meeting this week that will test Chair Jerome Powells ability to corral the necessary support from fellow policymakers for a third straight interest rate cut.
Aditya Birla Renewables Limited (ABREN) secured up to 3,000 crore from Global Infrastructure Partners (GIP), now part of BlackRock. This significant investment values ABREN at approximately 14,600 crore and will fuel its expansion to over 10 GW of renewable energy capacity across India.
Gold prices edged higher as traders anticipated the U.S. Federal Reserve's interest rate decision. Meanwhile, silver surged to an all-time high of over $60 per ounce, driven by strong industrial demand expectations and persistent supply constraints. Analysts predict continued upward momentum for both precious metals.
Paramount Skydances hostile takeover bid of Warner Bros. Discovery places CNN and its sister cable networks squarely back into what is likely to be an extended period of management limbo.
GQG Partners sold 1.52 crore JSW Energy shares worth Rs 677 crore at a slight discount, amid the stocks sharp one-year underperformance. JSW Energy trades far below key averages, with oversold indicators and declining FII holdings following weak quarterly earnings.
