PENN Q2 2026 slides: retail hits records, guidance raised

U.S. Treasury Secretary Scott Bessent has backed Federal Reserve Chair Kevin Warsh’s push to revamp the Fed’s communication strategy, including a review of its widely watched dot plot interest-rate forecasts and forward guidance. Bessent argued that markets have become overly reliant on these projections, which often fail to accurately predict future policy moves.

Indo MIM has raised Rs 1,141 crore from anchor investors ahead of its Rs 3,811 crore IPO, drawing participation from global institutions including BlackRock and domestic investors such as Prashant Jain-backed 3P India. More than half of the anchor allocation went to domestic mutual funds, reflecting strong institutional interest in the precision engineering manufacturer.

Drunk bizman crashes SUV into hostel