Kalyan Jewellers India announced strong financial results for the March quarter of FY26. Net profit more than doubled to Rs 409.5 crore. Revenue from operations surged 66.2% to Rs 10,274.9 crore. EBITDA also saw significant growth. The company recommended a final dividend of Rs 2.50 per equity share. International operations and the Candere platform also performed well.
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