Hindustan Unilever’s shares fell 2.5% after reporting a 30% drop in Q3 FY26 net profit from continuing operations to Rs 2,188 crore. Despite this, overall net profit surged 121% to Rs 6,603 crore due to one-off portfolio transformation impacts. Revenue from continuing operations saw a 5.6% year-on-year increase.
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