Day

May 1, 2026
Federal Reserve Bank ​of Cleveland President Beth Hammack ​said Friday she dissented against the central ​bank holding on to an easing bias this week due to uncertainty around the economic and inflation outlooks.
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The U.S.-backed war with Iran could change the inflation outlook enough to force the Federal Reserve into “potentially a series” of rate hikes to defend the central bank’s 2% inflation target, Minneapolis Fed president Neel Kashkari ‌said in explaining ⁠his dissent ⁠at this week’s Fed meeting.
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Wall Street’s major indexes opened higher on Friday, extending their strongest monthly gains in years. Investor confidence in robust earnings reports outweighed concerns about oil price volatility. The Dow, S&P 500, and Nasdaq all saw increases at the opening bell.
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Warren Buffett’s definition of investing as laying out money today for more tomorrow emphasizes patience, discipline, and foresight over speculation. This philosophy highlights the power of delayed gratification and compounding, urging modern investors, particularly in emerging markets, to focus on underlying fundamentals for sustainable long-term wealth creation.
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Twelve Nifty500 companies posted 30%+ YoY sales growth in Q4 FY26, signalling strong demand and accelerating business momentum.
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Kotak Institutional Equities says any election-driven market rally may be short-lived, as rising oil prices and a widening deficit pose bigger risks. While positive poll outcomes could lift sentiment briefly, escalating geopolitical tensions and surging crude are likely to shift focus back to macroeconomic pressures.
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Ola Electric shares have surged over 60% from recent lows, supported by a 20% month-on-month rise in April registrations. Despite a broader industry decline, the company posted growth, boosting sentiment. Analysts remain cautious, citing slow EV adoption and execution risks, while maintaining a positive near-term outlook.
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Australian shares rose for the first time this week on Friday, with miners leading a broad-based rebound, as an overnight pullback in ‌oil prices encouraged investors ⁠to ⁠cautiously rebuild positions.
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Japan’s Nikkei share average edged higher on Friday, helped by ​gains in a small group of technology stocks, while the yen’s rally helped government bond prices rebound.
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