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Federal Reserve minutes from March meeting

Federal Reserve officials indicated at their last meeting that easy policy will stay in place until it produces stronger employment and inflation, and won't be adjusted based merely on forecasts.The Federal Open Market Committee on…

Darden Restaurants (DRI) Q3 2021 earnings beat

Diners wearing protective masks wait outside an Olive Garden restaurant in Thornton, Colorado, on Friday, March 19, 2021.Chet Strange | Bloomberg | Getty ImagesDarden Restaurants on Thursday reported quarterly earnings that topped analysts'…

Here’s how to check status

The allotment of shares for initial public offer (IPO) of Macrotech Developers, one of India's largest real estate players,is being done today.  The IPO received lukewarm response from investors from April 7 to April 9. The share sale was…

Net direct tax receipts rise 5%

FY21 collections exceed estimates at ₹9.45 lakh cr.; ‘fiscal deficit may be lower’ India’s net direct tax collections for the pandemic-hit financial year 2020-21 grew by almost 5% year-on-year to ₹9.45 lakh crore, exceeding the revised…

Lululemon (LULU) Q4 2020 earnings

Pedestrians wearing protective masks walk past a Lululemon store in San Francisco, California, on Monday, March 29, 2021.David Paul Morris | Bloomberg | Getty ImagesLululemon on Tuesday reported revenue and profit for the fiscal fourth…

Investment projects bounce back in Q4: report

Project execution rate highest since March 2016; private sector and government-backed capital spending taking off Fresh investments rebounded strongly in the last quarter of 2020-21, with both private sector and government-backed…

Retail inflation quickens to 5.52%

Industrial output shrinks 3.6%; ‘we are far from seeing sustained recovery, need government support’ India’s industrial output fell for the second successive month in February 2021, contracting 3.6% year on year, even as retail…

Bond yield spikes as RBI’s purchase disappoints

The benchmark 10-year bond yield elevated on Thursday to its highest level in a week as the outcome of the first tranche of the Reserve Bank of India’s bond-purchase programme disappointed traders while inflation concerns also weighed.The…

Weekly jobless claims higher than expected

First-time claims for unemployment insurance rose more than expected last week despite other signs of healing in the jobs market, the Labor Department reported Thursday.First-time claims for the week ended April 3 totaled 744,000, well…