Kalyan Jewellers shares saw significant gains after a strong first-quarter business update. The company reported nearly 38% consolidated revenue growth compared to the previous year. This performance occurred despite a challenging period for gold purchases. Analysts maintain a bullish stance, citing expansion strategies and industry formalisation.
How Bessent, America’s bond salesman, cornered Japan on big spending
In a significant dialogue, US Treasury Secretary Bessent encouraged Japan to implement reforms in its fiscal and monetary policies. Aiming to stabilize the yen and