Kevin Warsh, the former Federal Reserve governor chosen by President Donald Trump to lead the central bank, has submitted financial disclosures that suggest he holds assets worth well over $100 million.
Chicago Federal Reserve President Austan Goolsbee on Tuesday said interest-rate cuts may need to wait until 2027, depending on how long oil prices stay high.
BlackRock reported a rise in first-quarter profit on Tuesday, as the asset manager saw strong inflows into its exchange traded funds and earned more from performance fees, sending its shares up 2.8% in trading before the bell.
Jefferies downgraded Indus Towers to underperform, cutting its target amid contract renewal risks, rising capex, and competitive pressures. Potential tenant discounts, lower renewals, and high maintenance costs may weaken revenues, earnings growth, and limit dividend payouts over the medium term.
Inflation steadily reduces the value of money. What you can buy today costs more tomorrow. This impacts investments by eating into returns. Investors must focus on real gains, not just nominal ones. Certain assets like stocks and real assets can help preserve wealth. Cash loses value during inflation. Understanding inflation is key for smart investment decisions.
ICICI Prudential Life Insurance reported a 58% jump in March-quarter profit to Rs 609 crore, while FY26 profit rose 35% to Rs 1,600 crore. Premium growth remained strong, led by one-time policies. The insurer expects retail demand to benefit from tax cuts, though market-linked product demand may stay subdued amid ongoing volatility in equity markets.
U.S. stock index futures rose on Tuesday as traders held onto hopes of a de-escalation in the Middle East conflict, while awaiting March producer price data and a fresh round of corporate earnings.
Realty firm Puravankara Ltd on Monday reported nearly 3-fold jump in pre-sales to Rs 3,547 crore in the fourth quarter of the last fiscal year on better demand for residential properties.
IT stocks may rally on Wednesday as Infosys and Wipro ADRs surged overnight, supported by strong gains in US tech stocks and easing fears of AI-driven disruption. Optimism over renewed Iran-US peace talks and falling crude prices softened macro concerns, boosting sentiment for Indian IT companies heavily exposed to the US market.
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