By Firstpost-Business
US President Donald Trump nominates former Federal Reserve governor Kevin Warsh to succeed Jerome Powell as Fed Chair, setting up a potential shift in US monetary policy and raising questions about the central bank’s independence
IBM India leased 230,000 sq. ft at Intellion Park in Gurugram for ten years at a monthly rent of ₹1.25 crore, escalating by 15% every three years.
Ola Electric reportedly announced a 5% workforce reduction as part of its restructuring efforts, focusing on increased automation to create a leaner organisation for long-term growth.
Kevin Warsh built his career across finance, government, and academia. He served as a member of the Federal Reserve’s Board of Governors from 2006 to 2011, after being appointed by then-US president George W Bush and played a key role during the 2008 global financial crisis
