Majority of Reserve Bank of India (RBI) monetary policy committee members expressed caution on upside risks to inflation, particularly emanating from uncertainties in food prices, at the panel's policy review, showed the minutes of the meeting on April 19. "While low core inflation would further the disinflation process, concerns remain on food inflation outlook.
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The stock market certainly had its outperformers as the latest trading week came to a close, but it didn't seem Hims & Hers Health (NYSE: HIMS) would be one of them. As of the pre-market hours on Friday, the specialty healthcare company's shares were trading down by almost 12%, according to data compiled by S&P Global Market Intelligence.
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Top Indian IT services majors Tata Consultancy Services (TCS), Infosys and Wipro reported full-year headcount decline together for the first time in at least 20 years. The three companies together saw employee count plunged by 63,759 in the fourth quarter ended March 31, 2024. Wipro reported a decline of 6,180 employees in Q4 on April 19.
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