Jerome Powell, the Federal Reserve Chair, has strongly defended the central bank’s independence. He emphasized that political interference could damage the Fed’s credibility. Powell also indicated that an interest rate hike is not expected soon. Inflation remains above the target, driven by goods prices, while services sector disinflation continues. The Fed remains committed to serving...Read More

The Federal Reserve held interest rates steady, citing a tight labor market and inflation above its target. This decision occurs amidst political pressure from US President Donald Trump and concerns over the Fed’s independence.Read More

Cochin Shipyard reported an 18% YoY decline in Q3 net profit, while revenue rose 18%. Sequential profit and revenue growth, an interim dividend, and global expansion through a JV and acquisition highlight strategic initiatives.Read More

CSB Bank reported flat Q3 profit as higher provisions and sharp slippages offset strong loan and deposit growth. Shares fell sharply amid earnings disappointment and whistleblower allegations, even as management expressed confidence over asset quality and margin stability.Read More

eClerx Services approved a 1:1 bonus share issue alongside robust Q3FY26 results. Net profit rose 40% year-on-year, while revenue grew strongly, supported by steady execution, higher USD revenues, and resilient operating performance despite marginal margin compression.Read More

A key tool ​used by the U.S. central bank to stabilise global financial markets in ⁠times of crisis could be weaponised by the Trump administration, Kenneth Rogoff, a former IMF chief economist said, when asked if that was a possibility.Read More

Satin Creditcare Network posted a fivefold rise in Q3 net profit, driven by lower provisions, strong business growth, and disciplined lending, marking 18 consecutive profitable quarters despite sectoral challenges.Read More

Lodha Developers reported robust Q3 results with net profit rising slightly and revenue up 14% year-on-year. Record pre-sales, expansion into new projects, and strategic balance sheet management strengthened growth and market presence.Read More

A major winter storm that hit the United States ‍in recent days is ​expected to cause billions of dollars in insured losses, ⁠analysts at brokerage UBS said in a note.Read More

Indian markets rose on optimism from the India-EU free trade agreement and supportive global cues. Sensex and Nifty extended gains, led by metals, financials, and energy sectors, while broader market participation reflected strong investor confidence.Read More