Vodafone Idea confident of raising funds from SBI-led consortium: CEO

Vodafone Idea expects to close talks with an SBI-led consortium soon after promoter equity infusion and AGR relief improved its financial position   Vodafone Idea’s top management is confident of closing the ongoing talks with a consortium of banks led by the State Bank of India (SBI) following the decision by promoters to infuse equity…

US inflation jumps to 3.8% in April, highest in nearly three years, as war in Iran disrupts economy

Inflation in the United States surged to 3.8 per cent in April, marking the highest level in roughly three years, as the Iran war causes a ripple effect across the US economy, data released on Tuesday showed. Inflation in the United States surged to 3.8 per cent in April, marking the highest level in roughly…