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Indian economists and bond market experts expect another quarter percentage point cut in policy rates. This follows the Reserve Bank of India's recent rate reduction and a lowered inflation forecast. Governor Sanjay Malhotra indicated rates are likely to stay low. Experts differ on the timing of the next cut, with some suggesting April.
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ICICI Prudential Asset Management Company's 10,600 crore IPO will open on December 12, with shares priced between 2,061-2,165. The offering is entirely an offer for sale by UK-based Prudential Corporation Holdings, divesting a 9.9% stake. ICICI Bank also plans to increase its shareholding in the AMC.
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News and Media
Off-grid households say they would love a mains connection, but the price is just too high.
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News and Media
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