GQG and SBI Mutual Fund are eyeing investments of up to Rs 6,500 crore in Vodafone Idea’s forthcoming Rs 18,000 crore Follow-on Public Offering (FPO), which is set to become India’s largest secondary offering. According to sources familiar with the matter, investment firm GQG Partners, led by India-born executive Rajiv Jain, intends to invest approximately … Read more
The US markets experienced a decline as expectations for Federal Reserve rate cuts were postponed, primarily due to higher-than-expected Consumer Price Index (CPI) data for March. This unexpected rise in CPI, with a 0.4 percent month-over-month increase and a year-over-year figure of 3.5 percent compared to February’s 3.2 percent, dashed hopes for rate cuts in … Read more
India is poised to sign a significant $78 billion deal to extend its liquefied natural gas (LNG) imports from Qatar until 2048, at rates lower than the current prices, according to sources familiar with the matter. The deal, to be inked by Petronet LNG Ltd, India’s largest LNG importer, and QatarEnergy, aims to extend the … Read more
Exploring India’s Remarkable Growth Story In 2023, India has achieved a significant milestone by becoming the world’s most populous nation. Furthermore, it is well on its way to achieving a substantial real GDP growth rate of approximately 6% by the end of the year. This marks the third consecutive year of impressive growth among major … Read more
Investors with access to derivative products like GIFT Nifty Index and GIFT Nifty Bank will have a number of opportunities, including: Overall, derivative products can offer a number of opportunities for investors. However, it is important to remember that derivatives are also risky instruments and should only be used by investors who understand the risks … Read more