Mumbai (Maharashtra) [India], June 16 (ANI): The Indian stock markets' key indices, Sensex and Nifty, slumped by around 2 per cent on Thursday tracking weakness in the global peers after the US Federal Reserve raised policy rates by 75 basis points, the highest increase since 1994, in order
Washington [US], June 14 (ANI): As the Dow (INDU) sank 876 points or 2.8 per cent on Monday, the US stocks have plunged into a bear market as Wall Street investors worry about drastic rate hikes.
Mumbai (Maharashtra) [India], March 17 (ANI): The Indian equities markets key indices, Sensex and Nifty, surged by nearly two per cent on Thursday led by a strong buying support in infra, energy and financial stocks as the US Federal Reserve hiked interest rate by 0.25 per cent on the expect
New York [USA], Aug 1 (ANI): The cut in US Fed funds rate is credit negative for American banks, applying renewed pressure on net interest margins (NIMs) and profitability that could stimulate further consolidation of the sector, Moody's Analytics said on Thursday.
New Delhi [India], Mar 16 (ANI): Hailing the decision of the US Fed to overnight increase the funds rate to a target range of 0.75 percent to one percent, Chief Economic Adviser Arvind Subramanian on Thursday said that it was anticipated with a probability of 100 percent and added that this
New Delhi [India], Dec 15 (ANI): Briefing the media over the US Fed Rate Hike, Economic Affairs Secretary Shaktikanta Das said that the markets have already factored in the rate hike and they would remain fairly stable.