Texmaco Rail & Engineering shares rose sharply after reporting a 45% rise in Q4 net profit. Despite lower revenue, margins improved, while a Rs 4,045 crore South Africa order win and defence foray plans boosted sentiment. The stock hit an intraday high amid strong growth and a global expansion outlook.
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