Mazagon Dock Shipbuilders announced impressive March quarter results. Net profit surged by nearly 42 percent year-on-year. This growth was driven by increased execution in shipbuilding and submarine projects. Revenue from operations also saw a healthy 16 percent rise. The company’s board recommended a final dividend of Rs 4.62 per share for the financial year ended March 2026.
Fed officials give hints on rate decision as markets cut October rate hike odds
Fed officials tempered expectations for an October rate hike after Philip Jefferson and John Williams stressed patience and data dependence. Markets sharply reduced hike odds,