Mumbai [India], September 30 (ANI): Reserve Bank of India's Governor Shaktikanta Das today announced the hike of the repo rate, the key lending rate, by 50 bps to 5.9 per cent. Explaining the rationale behind the policy, the governor said the bleak global economic outlook, persisting inflati
Mumbai [India], September 30 (ANI): The Reserve Bank of India (RBI) on Friday hiked repo rate by 50 basis points to 5.90 per cent in order to control the rising inflation, keeping in line with the aggressive policies of central banks and the volatile markets prevalent across economies.
Mumbai (Maharashtra) [India], September 23 (ANI): The Indian stock market's key indices, Sensex and Nifty, slumped by nearly two per cent on Friday leading to an erosion of over Rs 4 lakh crore of investors' wealth amid weak global cues after the US Federal Reserve signalled an aggressive
Mumbai (Maharashtra) [India], September 23 (ANI): Extending the losses to the fourth consecutive day, the Indian stock market's key indices, Sensex and Nifty, slumped by more than one per cent on Friday amid weak global cues after the US Federal Reserve signalled an aggressive increase in in
New Delhi [India], September 22 (ANI): The Federal Reserve, the central bank of the United States, on Wednesday hiked policy interest rate by 75 basis points. This is the third straight increase in interest rate by the Federal Reserve since June and it has signalled more large increases in t
Lhasa [Tibet], September 22 (ANI): World has turned its attention towards Tibet once again as the United Nations (UN) has failed to discuss the crisis unfolding in Tibet in its fifty-first regular session at the Palais des Nations in Geneva so far despite the unlawful suppression of Tibet
Washington [US], September 22 (ANI): The US Federal Reserve for the third time approved an interest rate hike by 0.75 per cent in an aggressive move to tackle the inflation that has been affecting the US economy.
New Delhi [India], September 18 (ANI): All is not well in global financial markets. Market participants are not aggressively participating and are largely shying away from making large bets, especially on concerns of aggressive global monetary policy tightening by various central banks to
Brussels [Belgium], September 18 (ANI): European Parliament strongly condemned the recent Chinese aggressive military exercises in the Taiwan Strait, while calling for strengthened EU relations with Taipei, as per a release by the EU's law-making body.
Washington [US], September 18 (ANI): In recent years, China has stepped up its aggressive posture toward the United States and its regional allies and amid this, a top US general has warned of Beijing's expanding nuclear arsenal and added that it does not reflect minimal deterrence.
Washington [US], September 17 (ANI): According to a new study by researchers at Emory University in Atlanta, the use of broad-spectrum antibiotics in mice with malignant melanoma, an aggressive form of skin cancer, accelerated their metastatic bone growth. This likely happened because the dr
New Delhi [India], September 16 (ANI): Indian stocks started Friday's trade in the red, extending losses for the third straight session, on concerns of aggressive global monetary policy tightening by various central banks to avert recessionary fears.