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The Fed sketched a stricter policy path moving forward in an inflation fight they now see lasting into 2026, but believe they can succeed in lowering inflation without wrecking the economy or leading to large job losses.

The U.S. central bank held interest rates on Wednesday and projected an increase by year-end, saying monetary policy is likely to be significantly tighter through 2024 than previously thought.

The ATM manufacturers argue that the costs of operating ATMs have risen due to factors such as increased interest rates, rupee depreciation, and higher inflation. White label ATM manufacturers, in particular, are facing losses and rely solely on interchange fees for revenue.

Through the latest changes, the IBBI has introduced a common application form for both enrolment and registration processes. It has also set a timeline of 60 days for the approval of the unified application (for enrolment) by the insolvency professional agency (IPA) and of 30 days for forwarding the application (for registration) to the regulator.

The Supreme Court had stayed a liquidation order of the sugar maker given by the National COmpany Law Tribunal (NCLT). The National Company Law Appellate Tribunal, too, had upheld the NCLT order. Lenders did not receive any counteroffer for the ₹222.5 crore binding offer by NARCL, which triggered a Swiss challenge auction held on September 18.

TotalEnergies will make a $300 million equity investment into the venture while Adani Green will bring the assets to the table. The portfolio will comprise a mix of 300 MW of operational, 500 MW of under construction and 250 MW of planned assets with a blend of both solar and wind power.

SJVN is a mini-ratna company in which the Union government holds a 59.92% stake and the Himachal Pradesh government owns 26.85% stake.

Under this joint venture, American Equity Insurance and Agam Capital will hold the majority stake exceeding 51%, while Fintech Blue Solutions will retain the remaining ownership.

The mining and metals conglomerate has $1 billion of 13.875% bonds coming up for repayment in January, another $1 billion of 6.125% paper due in August 2024, and $1.2 billion of 8.95% bonds maturing in March 2025.