Search For "federal reserve"
Weekly market review: Sensex, Nifty post biggest loss in 2 years
Updated : 3 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 18 (ANI): Sharp increase in interest rates by the US Federal Reserve and other central banks have battered equities markets across the world with India's key indices Sensex and Nifty slumping by more than 5 per cent during the week, posting their biggest we
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Sensex, Nifty slump 2 per cent on global recession fears
Updated : 3 years, 9 months ago IST
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
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Sensex, Nifty volatile as US Fed raises interest rates to control 40-year
Updated : 3 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 16 (ANI): The Indian stock markets' key indices, Sensex and Nifty, witnessed volatile trading 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 to
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US Federal Reserve hikes interest rates by 75 basis points
Updated : 3 years, 9 months ago IST
Washington [US], June 16 (ANI): The US Federal Reserve on Wednesday (local time) raised interest rates by 75 basis points (bps) or three-quarters of a percentage point in the boldest move since 1994.
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National Bank of Pakistan escapes bankruptcy after plaintiff withdraws ter
Updated : 3 years, 9 months ago IST
Islamabad [Pakistan], June 15 (ANI): The National Bank of Pakistan (NBP) nearly escaped a potential bankruptcy, as a high-profile terror-financing case filed against it in New York's federal court was withdrawn, a Pakistan media reported on Tuesday citing the sources at Pakistan Attorney Gen
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South Korea: Automobile, PC, and phone prices to increase due to rising ma
Updated : 3 years, 9 months ago IST
Seoul [South Korea], June 14 (ANI/Global Economic): Amid global market uncertainties, the price of semiconductors has continued to increase. Concerns are rising that it can lead to price hikes in overall industries.
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US stocks dive on fear of drastic rate hike
Updated : 3 years, 9 months ago IST
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.
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Crypto Market turnaround will benefit Bitcoin (BTC), CashFi (CFI), and BNB
Updated : 3 years, 9 months ago IST
New Delhi [India] June 7 (ANI/ATK): Almost all financial markets, including crypto, are experiencing high volatility and sell-off due to investors' fears about the U.S. Federal Reserve's handling of inflation. The majority of cryptocurrencies are way off from their all-time highs and will ne
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US Senate confirms Powell to second term as Fed chair amid inflation
Updated : 3 years, 10 months ago IST
Washington [US], May 13 (ANI/Sputnik): The US Senate on Thursday voted to confirm Jerome Powell as chairman of the Federal Reserve, making official his position as head of the country's central bank for another four-year term.
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US stocks meltdown continues on rate hike fears, tech indicator Nasdaq at
Updated : 3 years, 10 months ago IST
New York [US], May 9 (ANI/Sputnik): The selloff on Wall Street showed little signs of slowing on Monday as US tech stocks hit two-and-half-year lows on fears that the Federal Reserve might send the economy into recession by embarking on the highest rate hike in three decades.
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Rupee hits record low; closes 60 paise down at 77.50 against US dollar
Updated : 3 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 9 (ANI): The Indian rupee hit a record low of 77.58 against the US dollar on Monday amid unabated outflow of foreign funds after the Federal Reserve hiked policy interest rates last week.
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Sensex rises 599 points on positive cues from global equities
Updated : 3 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 5 (ANI): The Indian stock markets' key indices, Sensex and Nifty, were trading with gains of over one per cent in the early afternoon session on Thursday, led by strong buying support in metal, IT and banking stocks as lower than expected rate hikes by the U
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