Motilal Oswal said operating performance was in line with expectations and that “royalty increase was not a concern”. Recovery in rural demand and commodity cost reductions will help HUL get back to the mid-to-high teens earnings growth trajectory that it exhibited for the four years before Covid, the brokerage firm said.
NY Fed’s John Williams flags need to gather more information on inflation risks before rate decisions
Federal Reserve officials John Williams and Alberto Musalem have flagged persistent inflation risks, with rapid AI infrastructure investment potentially adding to price pressures. Williams backed