Indian stock indices carried on with their gains from the past session, in line with the global stocks, after the US central bank's less hawkish stance on the monetary policy front.
Federal Reserve Chairman Jerome Powell dashed any hopes for a rate cut in the near future and said that the central bank is not "at all" thinking of the possibility currently.
Taking to X, Russian Embassy in India shared about the move saying, "We're excited to announce the decision of the Russian Government to introduce simplified norms for #India'n nationals seeking to open bank accounts with #Russia'n financial institutions. It is now possible to open bank acco
Amid the concerns of a looming recession, the European Central Bank (ECB) on Thursday put a hold on interest rates, marking the first instance when the rate was not raised in the last 15 months after record 10 hikes, CNN reported.
The annual growth rate of the broad monetary aggregate M3 stood at -1.2 per cent in September 2023, showing a marginal improvement from -1.3 per cent in August.
Amid the backdrop of increased global uncertainty and inflationary pressure stemming from higher oil prices, market participants widely anticipate the ECB to maintain the status quo regarding interest rates.
Emerging Asian economies grapple with an array of challenges in conducting monetary policy, from the impacts of COVID-19 shocks to the ripple effects of unconventional monetary policies in advanced nations, fluctuations in capital flows, shifts in commodity prices, and the surge of digital f
Highlighting the hurdles that have become increasingly prevalent on the global economic horizon, Das said, "The global economy is now facing a tirade of challenges. First, slow moderation in inflation, which is getting interrupted by recurring and overlapping shocks. Second, slowing growt
Reserve Bank of India (RBI) Governor Shaktikanta Das on Saturday was awarded for being ranked 'A+' in the Global Finance Central Banker Report Cards 2023 at Morocco's Marakesh, the central bank said.
The UAE Ministry of Finance participated in the fourth and final G20 Finance Ministers and Central Bank Governors meeting under the Indian Presidency, which took place on the sidelines of the World Bank Group and the International Monetary Fund annual meetings, held in Marrakech, from Octobe
The overall macroeconomic environment in India is "pretty sound", it is fiscally disciplined and the central bank moved fast to bring inflation under control, said the International Monetary Fund (IMF).
Finance Ministers and Central Bank Governors (FMCBGs) of G20 nations under India's Presidency have adopted the roadmap for crypto regulation as was proposed by the International Monetary Fund (IMF) and Financial Stability Board (FSB) before the New Delhi Summit in September.