India Inc has recorded its first aggregate earnings upgrade in five quarters, driven by mid- and large-cap firms, signaling a turnaround in the corporate profit cycle. Motilal Oswal raised FY26 PAT estimates by 2% after a series of cuts over the previous four quarters, marking a clear inflection in earnings revisions.
Chicago Fed President Goolsbee rejects calls for Fed rate cuts to ease US debt burden
Chicago Fed President Austan Goolsbee rejected calls for interest-rate cuts to ease the US government’s debt burden, warning that such a move could fuel inflation