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...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
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 Industries Q4 Results: Mukesh Ambani-owned Reliance Industries Ltd (RIL) on Friday reported a 13% year-on-year (YoY) decline in its consolidated net profit at Rs 16,971 crore in the fourth quarter of 2025-26.Read More
GIFT Nifty surged 110 points on hopes of renewed Iran-US peace talks, boosting sentiment after weak markets. Positive global cues could help Nifty 50 reclaim 24,000 despite recent declines driven by IT-led selling pressure.Read More
Intel’s significant profit surge is propelling technology stocks higher, nearing an all-time high for the S&P 500. Meanwhile, oil prices remain volatile as markets await developments in the Iran conflict. Procter & Gamble also reported strong earnings, while Charter Communications saw a notable decline.Read More
Indian government bonds were little changed on Friday, but posted their first weekly decline since April 3, as oil prices started climbing again, with market participants seeing no resolution to the U.S.-Iran conflict.Read More
Despite a 999-point drop in the BSE Sensex, seven BSE 150 midcap stocks hit 52-week highs, signalling strong momentum in select sectors, with notable gains in power, finance, steel and pharmaceuticals over the past month.Read More
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