Zepto to file confidential DRHP on Friday, targets 2026 listing
Zepto to file confidential DRHP on Friday, targets 2026 listing Read More »
Overall, in 2025-26, the domestic economy with adequate support from monetary and fiscal policies has effectively neutralized any adverse impact of global uncertainties. These factors would continue to remain effective in 2026-27.
US stocks traded near record highs in a quiet session ahead of Christmas. Dynavax Technologies saw a significant surge on acquisition news. Global markets showed mixed movements, while gold and silver continued their upward trend. The US dollar weakened against the yen.
The National Highways Authority of India (NHAI) has received Sebi’s approval to register Raajmarg Infra Investment Trust (RIIT) as a Public Infrastructure Investment Trust (InvIT).
Indian Railway Finance Corporation (IRFC) has provided a Rs 9,821 crore loan to DFCCIL to refinance its World Bank foreign currency debt for the Eastern Dedicated Freight Corridor. This rupee-denominated loan aims to reduce exchange rate volatility for DFCCIL and highlights domestic institutions’ capacity for large infrastructure projects.
US mortgage rates saw a slight dip this week, with the 30-year fixed rate now at 6.18%, offering minimal relief to homebuyers. While rates are down from last year, affordability remains a significant challenge, especially for first-time buyers. Despite some market improvements, economic uncertainty keeps many potential buyers hesitant.
Yatayat Corporation India Ltd has filed draft papers for an Initial Public Offering (IPO) to raise funds, driven by strong demand in the road freight segment. The proposed IPO includes a fresh issue and an offer for sale, with proceeds earmarked for working capital and general corporate needs.