Kevin Hassett Reportedly Becomes Front-Runner for Fed Chair
Kevin Hassett, a top White House economic adviser , is said to become the front-runner to lead the Federal Reserve, raising questions about its independence. Source link
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Reliance leads rally: Shares touch 52-week high; market cap tops Rs 21 lakh crore
Reliance Industries extended its gaining run on Wednesday, with the stock rising nearly 2% and pushing the company’s market valuation above Rs 21 lakh crore. The benchmark heavyweight closed at Rs 1,569.75 on the BSE after touching an intraday 52-week high of Rs 1,571.80. According to PTI, the stock gained 1.99% on the exchange and…
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Firefighters were struggling to bring the blaze under control in a densely populated complex in the city’s northern Tai Po district hours after it started. Source link
Budget leak shock: UK’s Treasury chief Reeves unveils tax plan in Parliament; Labour braces for political fallout
Britain’s Treasury chief Rachel Reeves delivered her tax-raising budget on Wednesday under the shadow of a major leak that exposed her proposals hours before she reached Parliament. The disclosure came from the Office for Budget Responsibility (OBR), which Reeves relies on for independent forecasts. According to AP, the leak effectively mapped out the entire fiscal…
Disney’s ‘Zootopia 2’ Will Be a Test for Jared Bush
Jared Bush is trying to make the heart of the media empire beat more consistently. “Zootopia 2” will be a test. Source link
No finance degree needed: Sebi widens eligibility for advisers and analysts; all you need to know
Sebi has opened the door for more professionals to enter the advisory space by allowing graduates from any discipline to register as investment advisers (IAs) and research analysts (RAs), widening the talent pool for the two regulated categories. The regulator made the changes through separate notifications issued on Tuesday.The move replaces the earlier requirement that…
Retail Earnings Show Shoppers’ Resilience, but Some Stores Struggle
Companies said they managed tariff pressures in the latest quarter as consumers focused on discounts and high quality. Source link
Indian Railways infra push: Cabinet clears two major multitracking projects in Maharashtra and Gujarat – check details
File photo (Picture credit: ANI) Union minister Ashwini Vaishnaw announced on Wednesday that the Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, has approved two key railway multitracking projects worth around Rs 2,781 crore. The decision will add nearly 224 kilometres to the existing Indian Railways network across four districts in Maharashtra…
Huge Fire Engulfs Apartment Buildings in Hong Kong
Firefighters tried to douse the blaze at an apartment complex in the city’s northern Tai Po district, which killed at least four people. Source link
Uttan–Virar Sea Link Phase I approved: 55km corridor to cut traffic, boost connectivity in Mumbai – key features
Mumbai is set for one of its biggest transport upgrades yet, with the Maharashtra government approving the detailed project report and implementation plan for Phase I of the Uttan–Virar Sea Link — a development that will anchor a larger 120-km high-speed coastal corridor. The Mumbai Metropolitan Region Development Authority (MMRDA) said on X that the…