Urban Company shares dropped nearly 9% after the company reported a significant surge in its March quarter net loss to Rs 161 crore, despite a strong 43% year-on-year revenue growth to Rs 426 crore. Net transacting value also saw a 42% increase, reaching its highest in 15 quarters.
NY Fed’s John Williams flags need to gather more information on inflation risks before rate decisions
Federal Reserve officials John Williams and Alberto Musalem have flagged persistent inflation risks, with rapid AI infrastructure investment potentially adding to price pressures. Williams backed