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The president has repeatedly criticised Jerome Powell for not cutting rates but has sent mixed signals about removing him from the role.
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News and Media
Indian startups are increasingly eyeing local stock exchanges for their listings, driven by robust valuation multiples in the public markets and growing maturity of the domestic startup ecosystem, analyst and investment bankers pointed out. Smaller companies are opting for the IPO route not only to raise capital, but also to provide exit to their investors.
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HDB Financial Services debuted strongly on the NSE at 835, a 13% premium over its IPO price. Despite closing slightly higher at 840.25, analysts suggest current investors hold for the long term, while new investors await dips due to concerns about FY25 performance. The IPO, heavily subscribed and backed by HDFC Bank, marks a significant event in the NBFC sector.
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News and Media
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