Jain Resource Recycling shares plunged up to 19% after reporting operational disruptions caused by Iran–Israel geopolitical tensions, which hit supply chains, raised shipping costs and compressed Q4 margins. Despite the near-term impact, the company reported strong revenue and profit growth, while signalling improving conditions and normalising costs in Q1FY27.
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