Hindustan Copper’s share price surged 4% after the company reported a robust 134% year-on-year increase in net profit to Rs 444 crore for the March quarter. Revenue also climbed 58% to Rs 1,156 crore, driven by improved operational efficiency and profitability. The company also announced plans to raise funds for expansion and recommended a dividend of Rs 1.86 per share.
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