2025-06-11 02:38:09| BBC News | Business | World Edition

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Scott Bessent also a contender to succeed Fed Chief Powell

2025-06-11 02:22:44| The Economic Times

Advisers are suggesting Treasury Secretary Scott Bessent as a potential successor to Jerome Powell as Federal Reserve chair. While Kevin Warsh, a former Fed official, is also under consideration, Bessent's leadership in economic initiatives and trade negotiations positions him as a strong contender. Trump is expected to announce his decision soon.

Category: News and Media

Morgan Stanley upgrades Grasim to 'Overweight', raises target price to Rs 3,500

2025-06-11 02:17:09| The Economic Times

Morgan Stanley has upgraded Grasim Industries to 'Overweight,' citing the paints business's scaling and improved visibility. The brokerage anticipates a 29% upside, raising the price target to 3,500. Grasim is expected to become a formidable number three player in the paints sector by FY28, with Ultratech Cement remaining a key value driver.

Category: News and Media

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