JSW Infrastructure will invest ₹4,000 crore in its port operations and ₹1,500 crore in its logistics arm in FY26. This spending will support both organic and inorganic growth. The company reported a profit after tax decline of 3.5% for the June quarter. Total revenue increased by 26% year-on-year.
US inflation tops 4% for first time in three years, keeping Fed hike in play
US inflation climbed to 4.1% in May, driven by rising energy prices, keeping the Federal Reserve’s interest rate hike plans on the table for September.