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Lisa Cook fired: As the development unfolds, many are left wondering how this unprecedented move will affect the Federal Reserve's operations moving forward, and whether other officials within the institution will feel the pressure to align with the president's agenda.
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News and Media
Foreign fund managers increased selling of Indian equities in early August due to tariff concerns, a weak rupee, and poor corporate earnings. Financial services and IT stocks experienced the most significant selling pressure. Investors offloaded shares worth 34,022 crore across various sectors, driven by muted earnings expectations and uncertainty surrounding India-US relations, impacting market sentiment.
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News and Media
SBI Chairman CS Setty advocates for regulatory flexibility, urging the RBI to allow local lenders to fund corporate M&As, particularly for listed companies with transparent shareholder approvals. This comes amid discussions on evolving corporate credit trends, with banks shifting towards short-term working capital.
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News and Media
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