Patanjali Foods reported a strong rise in quarterly and annual earnings, driven by robust growth in its edible oils and FMCG businesses. While revenue expanded across key segments, higher raw material, packaging and freight costs weighed on margins. The company also continued expanding its oil palm cultivation and export footprint.
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