Rise With India Podcast, Sept 23, 2021

<p>Here's all that we're tracking this morning, on the ET Now Rise With India podcast.</p> <p><br></p> <p>The Federal Reserve has signaled that it may start raising its benchmark rate sometime next year. This is earlier than envisioned three months ago.</p> <p><br></p> <p>U.S. stocks staged a comeback from their September lows, after Fed signaled that it could reduce bond purchases soon and raise rates early as next year.</p> <p><br></p> <p>Hong Kong developer Chinese Estates, which holds 5.66% stake in Evergrande, is planning to sell all its shares.</p> <p><br></p> <p>Back home, we saw the benchmark indces cautious even as broader market saw a widespread rally.</p> <p><br></p> <p>Japanese farm equipment firm Kubota is in talks with the Nanda family — promoters of Escorts — to increase its stake and eventually become a controlling shareholder, according to a news report in the Economic Times.</p> <p><br></p> <p>Tech firm Freshworks made its debut on Nasdaq after a billion-dollar IPO. It is the first Indian SaaS company to list on the American exchange.</p>