The second quarter earnings season continues with 44 companies, including Jio Financial, Tata Consumer, and ICICI Lombard, reporting results. Tata Consumer is expected to see a 5% drop in net profit year-on-year, despite a 15% revenue growth driven by new businesses in pharma and food channels.
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