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Source: Live Mint Coal India Dividend: State-owned coal producer, Coal India Ltd, on Wednesday, May 7, 2025, announced a final dividend issue along with its January to March quarter results, according to an exchange filing. The Maharatna PSU firm declared a final dividend of ₹5.15 per share of the face value of ₹10 apiece. “The…
Source: Live Mint Coal India Q4 results: Maharatna PSU company Coal India on Wednesday, May 7, reported a 12.04 per cent year-on-year (YoY) jump in its Q4FY25 consolidated net profit to ₹9,604.02 crore, compared to a profit of ₹8,572.14 crore in the same quarter of the previous financial year. For the full financial year 2024-25,…
Source: Live Mint he US Federal Reserve’s FOMC (Federal Open Market Committee) on Wednesday, May 7, 2025, decided to keep the key benchmark interest rates steady and “unchanged,” citing the risks of economic uncertainty and inflationary pressures on the US economy. The central bank kept its interest rate unchanged for the third straight policy meeting…
Source: Live Mint NEW YORK -Oil prices fell by more than $1 a barrel on Wednesday as investors doubted that upcoming U.S.-China trade talks will result in a breakthrough, while hopes for an Iran-U.S. nuclear deal eased supply worries. Brent crude futures settled $1.03, or 1.66%, lower at $61.12 a barrel while U.S. West Texas…
Source: Live Mint US Federal Reserve Chairman Jerome Powell, in his press briefing on May 7, 2025, responded to criticism of US President Donald Trump questioning his role as the head of the Fed. Powell said that Trump’s take doesn’t affect his job at all, and he will be doing the same thing he has…
Source: Live Mint Foreign portfolio investors (FPIs) leaned into India’s equity markets with a sharper eye for selective plays in the final quarter of FY25, showing bullish conviction despite heightened market volatility. A Mint analysis of FPI shareholding in 1,168 stocks that are part of BSE’s large-, mid- and small-cap indices reveals a strong tilt toward…
Source: Live Mint US Fed Meeting LIVE: The United States’ Federal Reserve has kept its key benchmark interest rates “unchanged” since December 2024 amid global uncertainty caused by the raging trade war, a slowing economic growth in the nation, and unstable inflation trends. US Fed Chairman Jerome Powell is poised to announce the results of…
Source: Live Mint Growing your wealth by investing is all about finding the correct balance. One of the most important, and perhaps biggest decisions is how you should divide the total corpus you wish to invest into different investment types, be it debt, or equity, or other asset classes like real estate or gold. Experts…
Source: Live Mint US stock indices wavered on Wednesday ahead of the Federal Reserve’s decision on interest rates later in the day and amid hopes of de-escalation in trade tensions with China. At 11:35 AM EDT, the Dow Jones Industrial Average rose 0.52%, the S&P 500 added 0.03%, and the Nasdaq Composite fell 0.43%. At 09:43 a.m. ET, the…
Source: Live Mint Punjab National Bank (PNB) announced its January to March quarter results on Wednesday, May 7, 2025. The State-run institutional lender recorded a nearly 52 per cent rise to ₹4,567 crore in its standalone net profit for the fourth quarter of the financial year 2024-25, compared year-on-year (YoY) with ₹3,010.27 crore in the…
