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With minutes due, Fed’s ‘family fight’ over interest rates could drag on
Divided Federal Reserve officials indicated at their last meeting that they will address persistent inflation this year with one interest rate hike. History, though, suggests that policymakers will have a hard time stopping there. In fact, there have been few instances over the past 35 years or so when the Fed has only made one…
Alec and Hilaria Baldwin pull $19 million Hamptons home off the market—again
The Baldwins have once again pulled their longtime Hamptons property off the market—just weeks after trimming $1 million off its asking price and revealing they would be spending the summer in Spain.
8th Pay Commission: Can salaries rise by over 60%? Here’s how HRA, TA & DA proposals may boost pay for level 1 payments
The possibility of a major salary hike under the 8th Pay Commission has generated interest among central government employees and pensioners. There are expectations in some corners of a possible 60% hike in payments, once the recommendations of the 8th Pay Commission are implemented. The projected increase is not driven solely by how high the…
Tata Capital raises $400 million in global bond sale
Tata Capital, the non-banking finance company of the Rs 15-lakh-crore turnover Tata Group, has raised $400 million by selling dollar bonds abroad, people familiar with the matter told ET. “Real money investors, including asset managers from Asia and Europe, dominated the demand for bonds, which were not open to US investors since it was a…
Dr Reddy’s shares slide 7% after delay in semaglutide supplies over quality concerns
Shares of Dr Reddy’s Laboratories fell 6.5% to Rs 1,261 on the BSE on Thursday after the company said commercial supplies of its semaglutide product will be delayed following a quality-related issue linked to the active pharmaceutical ingredient (API) used in certain batches. In an exchange filing, the company said certain batches of semaglutide were…
Teradyne Is Expensive At First Glance But Attractive On Growth
Teradyne Is Expensive At First Glance But Attractive On Growth