Home appliances maker Orient Electric posted an over two-fold rise in fourth-quarter profit on Friday, helped by strong demand for its fans and air coolers with the onset of summer.
Asian markets followed Wall Street higher after the US Federal Reserve lowered interest rates. Fed Chair Jerome Powell indicated confidence in the US economy’s future.
Pension regulator PFRDA has revised investment rules, allowing private pension funds to invest in the top 250 market-cap stocks and gold/silver ETFs for better returns.
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