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New Fed Chair Kevin Warsh inherits a divided Federal Reserve. Four voters dissented on the latest policy, the largest split since 1992. Rising oil prices and inflation create a complex economic landscape. Warsh aims for more open debate at the Fed. His leadership begins amidst significant monetary policy challenges.
The Indian stock market saw a dip on Thursday with the Sensex falling. However, this did not stop four stocks from the BSE 200 index from reaching their highest levels in a year. These companies, including Lloyds Metals & Energy and Hitachi Energy India, showed strong upward movement.
Queuille’s observation points to a recurring pattern in governance: when faced with difficult or controversial decisions, political leaders may postpone action due to pressure from competing interests, fear of backlash, or electoral calculations.
Hindustan Laboratories has received Sebi's observations, a crucial step towards its IPO, which includes a fresh issue and an offer for sale. The company plans to use the proceeds for working capital and general corporate needs. RK Steel Manufacturing also received regulatory approval for its issue.
Filmmaker Paul Schrader’s quote, “Good filmmaking unites the personal with the universal,” highlights how cinema connects individual stories with shared human experience, a principle that continues to shape modern storytelling.
American Airlines will resume daily Miami–Caracas flights, marking the first US service to Venezuela in seven years after a 2019 ban. The move follows improved security conditions and renewed US–Venezuela ties after Nicolas Maduro’s ouster and reforms by the interim government.
Equitas Small Finance Bank's net profit surged five times to Rs 213 crore in the fourth quarter. This growth was fueled by expanded business and better asset quality. Provisions also decreased significantly. The bank saw its net interest margin improve. Gross advances grew by 22 percent year-on-year. Non-performing assets reduced, and credit costs declined.
He cracked the code of the ‘eternal mango’, co-authored scientific papers, and healed thousands for free. Now 72 and evicted, Kongara Ramesh is starting over—armed with nothing but genius and a few grafts.
Aster DM Healthcare reported an 18% year-on-year revenue increase in Q4 to Rs 1,182 crore, with operating EBITDA up 31%. The company is on track to complete its merger with Quality Care India Ltd in Q1 FY27, creating a combined entity with over 10,600 beds.
Major US stock indices opened mixed on Thursday, with the S&P 500 and Nasdaq climbing on the back of robust earnings reports. Despite positive corporate results, investor sentiment was tempered by growing concerns over potential escalation of the Middle East conflict, which weighed on the Dow Jones Industrial Average.
Value 360 Communications Limited's IPO opens May 4th, aiming to raise Rs 41.69 crore by May 6th. The public relations firm plans to list on NSE Emerge, using funds for expansion, technology, influencer marketing investment, and potential acquisitions. Proceeds will also cover debt repayment and working capital needs.
The Supreme Court ruled that a minor should not be forced to continue a pregnancy, emphasizing that the decision lies with the survivor and her parents. It called for legal amendments to allow medical terminations beyond 20 weeks for rape survivors, highlighting the trauma faced by child victims.
Sebi has introduced a fast-track mechanism for Alternative Investment Funds (AIFs), allowing non-LVF schemes to launch in just 30 days after application. This streamlines fund launches and accelerates capital deployment. Earlier, Sebi also simplified the accredited investor framework, easing operational bottlenecks for AIFs while maintaining prudential safeguards.
Jane Goodall’s quote reminds us that every action shapes the world. It highlights the power of intentional choices, kindness, and consistency in creating meaningful impact, urging us to act with purpose and responsibility in everyday life.
Drug trafficker Salim Dola remanded in NCB custody till May 8. Dola (59) was arrested in Turkiye on the basis of an Interpol Red Notice issued on India's request in March 2024
Successful investing prioritizes good returns with minimized risk, distinguishing it from mere volatility. True risk involves the permanent loss of capital, often hidden beneath surface-level price fluctuations. This necessitates a long-term perspective and thoughtful analysis beyond simple numerical measurements.
Indian government bonds ended April close to levels seen at the end of the month prior after declining on Thursday, as crude oil prices and Treasury yields surged, though dovish central bank policy helped calm some nerves.
Mothers Against Vaping demands a formal probe into Riyan Parag's vaping incident during an IPL game, citing concerns over normalizing illegal products. They stress the necessity of upholding laws against e-cigarettes, regardless of celebrity status, and call for strict accountability.
The Delhi High Court on Thursday granted interim relief to Bollywood actor Karisma Kapoor's two children, Samaira and Kiaan, as it restricted Priya Kapur (Sunjay Kapur's third wife) from dissipating his assets.
