Adani Enterprises, which had scaled up operations at a breakneck speed over the past few years, will refrain from bidding for new projects till the time the volatility in the market remains, one of its top officials said. “We will not make new commitments till we settle this volatility period,” Jugeshinder Singh, group CFO, Adani […]
Asian shares tracked Wall Street lower on Thursday, as a number of Federal Reserve speakers echoed Chair Jerome Powell in saying that interest rates are set to go higher, capping risk sentiment, while the dollar hovered near one-month highs. MSCI’s broadest index of Asia-Pacific shares outside Japan slid 0.3%. China’s blue chips eased 0.1%, while […]