The US administration wants Kevin Warsh in place as a new central bank chair “as soon as possible,” with the existing chief’s term coming soon to an end, Treasury Secretary Scott Bessent said Tuesday.Read More

Wall ​Street’s ​main indexes opened higher ​on Tuesday after reports of fresh ‌efforts ⁠to ease ⁠the Middle East ​conflict boosted sentiment, with ​traders also assessing corporate earnings and ​the March ⁠producer price ‌data.Read More

Anand Rathi Share and Stock Brokers posted 126% YoY profit growth in Q4 to Rs 41.5 crore, driven by strong non-broking segments, margin expansion, and diversified revenue, despite weak broking income and volatile markets.Read More

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Inflation steadily reduces the value of money. What you can buy today costs more tomorrow. This impacts investments by eating into returns. Investors must focus on real gains, not just nominal ones. Certain assets like stocks and real assets can help preserve wealth. Cash loses value during inflation. Understanding inflation is key for smart investment...Read More

Citigroup’s first-quarter profit rose 42% as geopolitical tensions fueled market volatility and ​trading revenue, while strong dealmaking buoyed investment ​banking fees.Read More

Wells Fargo’s interest income fell short of Wall Street ​expectations in the first quarter on Tuesday, as a ​string of rate cuts from the U.S. Federal Reserve dragged down loan yields.Read More

BlackRock reported a ​rise in first-quarter profit on Tuesday, as the asset manager ​saw strong inflows into its exchange traded funds and earned more from performance fees, sending its shares up 2.8% in trading before the bell.Read More

Jefferies downgraded Indus Towers to underperform, cutting its target amid contract renewal risks, rising capex, and competitive pressures. Potential tenant discounts, lower renewals, and high maintenance costs may weaken revenues, earnings growth, and limit dividend payouts over the medium term.Read More

ICICI Prudential Life Insurance reported a 58% jump in March-quarter profit to Rs 609 crore, while FY26 profit rose 35% to Rs 1,600 crore. Premium growth remained strong, led by one-time policies. The insurer expects retail demand to benefit from tax cuts, though market-linked product demand may stay subdued amid ongoing volatility in equity markets.Read More