The US Federal Reserve recently took a significant step by cutting the federal funds rate by 50 basis points (bps), marking the start of a new monetary easing cycle. This long-awaited decision received a mixed response from financial experts and markets. The focus now shifts to the Reserve Bank of India (RBI), and many wonder…
Introduction to FOMC Decision The Federal Open Market Committee (US FOMC) meeting is a key event closely watched by economists, investors, and global markets. In September 2024, the Jerome Powell-led US Federal Reserve is expected to announce its sixth interest rate decision for the year. After a series of rate hikes, for the first time…
Expanding City Gas Distribution (CGD) Sector The city gas distribution (CGD) sector in India is witnessing significant growth, with key companies such as Indraprastha Gas Limited (IGL) and Mahanagar Gas Limited (MGL) leading the way. Both companies are focusing on infrastructure development and technological innovations to meet the growing demand for compressed natural gas (CNG)….
Background of Bajaj Housing Finance IPO Bajaj Housing Finance (BHF), a subsidiary of the renowned Bajaj Group, launched its much-awaited initial public offering (IPO) in early 2024, garnering a lot of attention from investors. The ₹6,560 crore IPO broke records, with total bids exceeding ₹3.24 lakh crore. Bajaj’s hundred-year-old legacy, strong performance in the market,…
The US Federal Reserve (Fed) is signalling a shift in its monetary policy by preparing for the first interest rate cut in four years. This potential cut is coming at a time when the country is approaching the 2024 presidential elections and economic factors such as inflation and growth dominate the political landscape. As investors…
