Apollo Micro Systems shares surged to a record high. The defence firm reported a 163% jump in Q4 net profit and 81% revenue growth. Full-year profit rose 90% and revenue increased 61%. The company’s order book stands at Rs 1,432 crore. Managing Director called FY26 a breakthrough year driven by acquisitions and new licenses.
Fed’s Jefferson urges patience on rates; Kashkari sees more hikes ahead
Federal Reserve Vice Chair Philip Jefferson stated that he sees no immediate need for further interest rate adjustments. He emphasized that future decisions would depend