ONGC shares fell as much as 4% on Wednesday despite the state-run explorer reporting a 46% YoY rise in consolidated Q4 net profit to Rs 10,820 crore. Revenue from operations grew 4% to Rs 1,73,805 crore, while standalone FY26 profit stood at Rs 32,894 crore. The company also highlighted strong performance by key subsidiaries, including HPCL, MRPL, ONGC Videsh and OPaL.
US Federal Reserve chair Kevin Warsh says he will stick by 2% inflation target, vows to bring in real-time economic data for making interest rate decisions
Federal Reserve Chairman Kevin Warsh declared unwavering commitment to the 2% inflation target, signaling no monetary policy easing despite President Trump’s calls for rate cuts.