RBI, in an unscheduled meeting, has increased bank rates for the first time in last three years to address inflation concerns. While Indian Economy is doing well with record GST collections in April, Geopolitical concerns and inflation certainties remain. Stock Markets are in a bearish grip due to tightening of monetary policies by central banks across the world.
Key M&A Deal include massive announcement of amalgamation of HDFC and HDFC Bank and PE deal of healthtech firm Biofourm is raising $300 Mn growth capital from General Atlantic to become a unicorn. Click here to open.
