The personal consumption expenditures price index excluding food and energy – the Fed’s preferred measure of underlying inflation – is projected to have risen by 0.3% in October from September, and by 2.8% from a year earlier, in what would be the largest advance since April.
GAIL shares jump 4% as Q2 net profit rises over 8% to Rs 4,650 crore, revenue grows 17%
GAIL shares rose nearly 4% after the company reported strong second-quarter profit and revenue growth, supported by its gas marketing and transmission businesses. Investor sentiment