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U.S. Federal Reserve leaves interest rate unchanged

Dec 14, 2023

Washington [US], December 14: The U.S. Federal Reserve voted during is meeting today to hold its overnight interest rates unchanged at 5.25 percent - 5.50 percent.
This marks the third time that the U.S. Federal Reserve has maintained interest rates since the beginning of the tightening policy in March 2022.
Source: Emirates News Agency

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H.M. Electro Mech Limited Net Profit in FY25 rise 4.25% to Rs. 8.35 crore

New Delhi [India], June 7: H.M. Electro Mech Limited, engaged in the field of turnkey projects of supply, installation, testing and commissioning of pumping machineries along with comprehensive operation and maintenance has reported net profit of Rs. 8.35 crore for the financial year ended March 2025, rise of 4.25% as compared to the net profit of Rs. 8.01 crore reported in the financial year 2023-24. Revenue from operations of the company for the FY25 was reported at Rs. 121.67 crore, rise of 3.96% Y-o-Y as compared to the revenue from operations of Rs. 117.03 crore.

Jun 07, 2025