The unanimous decision lifts the target for the benchmark federal funds rate to a range of 3.75% to 4%, its highest level since 2008. Yields on two-year Treasuries plunged, while the S&P 500 index rallied and the dollar index slid.
Raymond reported a 130% year-on-year jump in consolidated net profit to Rs 32 crore in Q2 FY27, while revenue rose 24.1% to Rs 655 crore.
Paytm has reported a substantial increase in revenue, demonstrating the success of its existing business model. The company’s EBITDA has improved due to efficient cost
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