The SBI's latest report highlights that the once-dominant "Follow the Fed" mantra appears to be waning, with an increasing number of central banks prioritizing domestic economic conditions over synchronizing with U.S. rate decisions, signalling a shift in global monetary policy dynamics.
U.S. Federal Reserve Chair Jerome Powell hinted a possible interest rate cut in September if economic conditions align with expectations. The fed made these remarks during the latest Federal Reserve meeting which decided to keep the federal funds rate unchanged at 5.25 per cent to 5.5 per ce
Pune (Maharashtra) [India], July 25: In today's world, achieving financial freedom is more crucial than ever. However, with the increasing cost of living and volatile economic conditions, focusing on long-term financial goals can be challenging. To address this, Bajaj Finserv AMC introduces
Karnataka State Road Transport Corporation (KSRTC) Chairman SR Srinivas has said that a bus fare hike is unavoidable due to rising oil prices. He explained that it has been five years since the last fare increase in 2019, and current economic conditions necessitate an adjustment to cover ope
The Indian employment market is projected to experience a 6.33 per cent incremental expansion over the first half of FY 2024-25, according to a report by TeamLease.
Despite unfavourable economic conditions in major markets such as the European Union (EU), the US, and West Asian nations, Indian textile exports grew by 9.59 per cent compared to the previous year in May 2024, the Confederation of Indian Textile Industry (CITI) said in a report.
Tripura BJP state President Rajib Bhattacharjee said that the Citizenship Amendment Act would never have any negative impact on the socio-economic conditions of the country as the cut off set for the implementation of the CAA dates back to 2014.
The latest annual Sunday Times Rich List revealed their wealth grew substantially despite the wider UK billionaire boom coming "to an end" in the face of tough economic conditions.
Mumbai (Maharashtra) [India], May 6: A recent survey of Chief Financial Officers (CFOs) in India, conducted by Dun & Bradstreet India, a leading global provider of business decisioning data and analytics, found that CFOs' confidence in financial conditions and macro-economic conditions h
Increased private consumption and declining inflation are supporting an economic rebound in Sub-Saharan Africa, but the recovery remains fragile due to uncertain global economic conditions, growing debt service obligations, frequent natural disasters, and escalating conflict and violence, ac
Tripura Chief Minister, Dr. Manik Saha on Friday said that, owing to Prime Minister Narendra Modi's sincere efforts in developing the state's roadways, Tripura's economic condition has significantly improved.
During a significant meeting on Monday, Uttar Pradesh Chief Minister Yogi Adityanath discussed the ongoing efforts, current outcomes, and future policies aimed at achieving the ambitious goal of establishing Uttar Pradesh as a one-trillion-dollar economy.