Category: Business

US President Donald Trump put months of anticipation to rest after announcing Kevin Warsh as the successor to Federal Reserve Chair Jerome Powell on Friday. Warsh, who was also part of Fed’s Board of Governors during the George Bush era, has in recent months aligned closely with Trump’s views of favouring lower interest rates. The…

Read More “Who Is Kevin Warsh, Seen As ‘Inflation Hawk’” »

India’s fiscal deficit for the April to December period widened to Rs 8.56 lakh crore, or 54.5% of the annual target, according to the data released by the Controller General of Accounts on Friday. This is lower as compared to the first nine months of the last fiscal year, when the deficit stood at Rs…

Read More “April-December Fiscal Deficit At 54.2% Amid Rise In Tax Mop-Up, Surge In Capex” »

Nestle India Q3 Highlights (Standalone, YoY) Revenue up 18.6% at Rs 5,667 crore versus Rs 4,780 crore EBITDA up 9% at Rs 1,202 crore versus Rs 1,103 croreEBITDA Margin at 21.2% versus 23.1% Net Profit up 46% at Rs 1018 crore versus Rs 696 crore To pay interim dividend of Rs 7 per share   Source link

Ajit Pawar with Nationalist Congress President (NCP) Sharad Pawar during a meeting at NCP office, in Mumbai on Nov. 3, 2019. Photo: PTI The two factions had planned to announce the merger through a joint press conference after the elections. With the merger, potential leaders are being discussed, including Sharad Pawar, Ajit Pawar’s wife Sunetra…

Read More “NCP Merger to be Announced in Mid-Feb? Four Potential Names Emerge To Lead The Party” »

Nestle India has reported its third-quarter earnings for the financial year ending March 2026, where standalone profit grew by 46% year-on-year, comfortably beating analysts’ estimates. Revenue also saw a considerable double-digit growth, rising 18% compared to the year-ago period. The fast-moving consumer goods (FMCG) giants reported a net profit of Rs 1,018 crore, considerably higher…

Read More “Revenue, Net Profit Beat Estimates; Board Announces Dividend — Check Record Date” »

India’s economy is booming, but are households truly resilient? Watch a special episode featuring Amrit Singh, CFO,  Axis Max Life Insurance – unpacking the massive life insurance protection gap, why rising incomes don’t guarantee security, and behavioural barriers to early planning. Source link