UltraTech Cement reported its strongest first quarter volume and profit ever. Near-term performance faces monsoon seasonality and higher input costs. The company anticipates double-digit volume growth in the next fiscal year. Its new cables and wires business will launch in the third quarter. Lower stock valuation offers a cushion against potential downside risks.
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