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Donald Trump called Jerome Powell a 'numbskull' for keeping interest rates high. Trump believes Powell's policies hurt the housing market. He also suggested Powell might be politically motivated. Treasury Secretary Scott Bessent criticized the Fed's spending on building renovations. Bessent wants the Fed to focus on its core monetary policy duties.
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News and Media
Indias mutual fund AUM reached Rs 65 trillion in FY25, growing at 24% CAGR since FY20. Retail and HNI participation also rose, driven by fintech-led SIP adoption, equity fund outperformance, and expanding reach in Tier-2 and Tier-3 cities.
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News and Media
Despite a flat Sensex close, nine BSE Commodities stocks hit 52-week highs on Tuesday, signaling bullish momentum driven by strong monthly gains across cement, fertilizer, and chemical sectors.
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News and Media
Schloss Bangalore, operator of The Leela Hotels, posted a Rs 9 crore Q1 profit versus a Rs 75 crore loss last year. Revenue rose 20% YoY to Rs 275 crore, with strong EBITDA growth and margin expansion driven by luxury demand and operational efficiency.
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News and Media
Motilal Oswal Alternates (MO Alternates), the alternative investments arm of Motilal Oswal Group, has raised over Rs 2,000 crores through final close of its sixth real estate fund marking the largest domestic capital raises in Indias real estate credit space.
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News and Media
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