Fitch has kept the U.S. credit rating at AA+. The agency is concerned about rising debt. But the large economy and the dollar’s global role support the rating. High deficits and debt are problems. Tariff revenues may help this year. Fitch expects deficits to rise long term. The U.S. rating outlook is stable. S&P Global also maintained its AA+ rating.
RR Kabel shares jump 10% as Q1 PAT surges 129% YoY, Ebitda doubles
RR Kabel reported a strong June-quarter performance, with profit after tax surging 129% year-on-year and Ebitda nearly doubling, driven by robust growth in its Wires