The operator of IndiGo airlines is seen reporting a consolidated net profit of Rs 1,769 crore compared to a loss of Rs 1,064 crore a year ago. Sequentially, the net profit is seen rising 23%. Consolidated revenue is likely to grow 22% year-on-year (YoY) and 11% sequentially to Rs 15,895 crore, according to the average of estimates given by four brokerages.
Fed’s Jefferson urges patience on rates; Kashkari sees more hikes ahead
Federal Reserve Vice Chair Philip Jefferson stated that he sees no immediate need for further interest rate adjustments. He emphasized that future decisions would depend