Reliance Jio Q4 Results: Jio Platforms reported a 13% year-on-year increase in its March quarter consolidated net profit, reaching Rs 7,935 crore. Revenue also saw a 13% jump to Rs 38,259 crore, driven by organic ARPU growth and scaling of home connects. EBITDA grew 18% to Rs 20,060 crore, with margins expanding to 52.4%.Read More
Reliance Retail Q4 Results: Reliance Retail Ventures reported a steady Q4FY26, with net profit inching up 0.5% YoY to Rs 3,563 crore and revenue rising 11% to Rs 87,344 crore. EBITDA grew 3.1% to Rs 6,921 crore, while margins softened. Store count, customer base and hyper-local commerce volumes saw strong expansion during the quarter.Read More
The Justice Department has concluded its investigation into Federal Reserve chair Jerome Powell. This decision removes a significant obstacle to the confirmation of Kevin Warsh, President Trump’s nominee. The probe focused on the Fed’s building renovations. Prosecutors found no evidence of criminal conduct. A judge had previously dismissed subpoenas. This development could lead to a swift Senate vote for Warsh.Read More
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