Lodha Developers reported a 7% rise in sales bookings to Rs 4,570 crore for the second quarter of FY26, driven by improved housing demand. Despite fewer launches, the company is confident in meeting its Rs 21,000 crore annual sales target, with significant new projects planned for the latter half of the fiscal year.
US inflation tops 4% for first time in three years, keeping Fed hike in play
US inflation climbed to 4.1% in May, driven by rising energy prices, keeping the Federal Reserve’s interest rate hike plans on the table for September.