LIC announced a 1:1 bonus issue, setting May 29 as the record date for eligibility. This follows Q4 earnings showing a 23% YoY rise in consolidated net profit, reaching Rs 23,467 crore. A final dividend of Rs 10 per share for FY 2025-26 was also recommended.
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