Gautam Singhania, Chairman & MD of Raymond, focused on the company’s strategic developments, including capacity expansion and debt eradication through selling the FMCG business. He shared insights on the post-COVID recovery, business demergers, and growth in real estate and textile sectors, noting timely project completions and the potential benefits from Make in India and shifting global manufacturing preferences.
Justice Department drops criminal probe of Fed chair Powell, likely clearing way for Warsh
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,