Kevin Warsh Confirmed as Next US Federal Reserve Chair Amid Economic Challenges
Kevin Warsh, 56, confirmed as next Federal Reserve Chair with 54-45 Senate vote, succeeding Jerome Powell amid clashes over interest rates and inflation concerns.
Kevin Warsh, 56, confirmed as next Federal Reserve Chair with 54-45 Senate vote, succeeding Jerome Powell amid clashes over interest rates and inflation concerns.
The US has proposed additional tariffs of 12.5% on India as part of its Section 301 probe into forced labor practices. Experts warn this could significantly impact Indian exports and complicate ongoing trade deal negotiations.
Hero MotoCorp reports no domestic demand slump despite global challenges, with CEO Harshavardhan Chitale expressing confidence in India's economic resilience. The company is aggressively expanding operations, focusing on growing segments like scooters, premium motorcycles, and EVs, with significant capital expenditure planned.
IKEA has launched a new product development center in India, its fourth globally. The center aims to design affordable, relevant home furnishings for both the Indian and international markets, marking India's growing importance as a hub for IKEA's full value chain.
Carlsberg India is converting to a public limited company and adding four directors to its board, signaling preparations for an IPO. The brewer aims for a valuation of ₹30,000-35,000 crore, strengthening governance ahead of its potential stock market debut.
Palo Alto Networks shareholders have rejected CEO Nikesh Arora's pay package seven times since 2015, the most in the S&P 500. Despite investor opposition and proxy firm warnings, the company's board defends the compensation, citing strong financial results and Arora's alignment with shareholder interests.
Lenders assess new-to-credit applicants based on existing bank relationships, job stability, income, and cash flow. Building creditworthiness involves FD-backed cards, co-applicants, and small-ticket loans, with timely repayment being crucial.