HUDCO shares plunged over 8% despite the company reporting a sharp rise in Q4FY26 net profit, driven mainly by a deferred tax gain. While revenue and interest income improved strongly, profit before tax declined and expenses rose sharply, raising concerns over the sustainability and quality of earnings growth.
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