Mumbai [India], September 22 (ANI): The Indian rupee closed at a record low of 80.86 to the US dollar, down from 79.9750 in the previous session. It was the biggest single-day fall for rupee since February 24.
Mumbai (Maharashtra) [India], September 22 (ANI): The Indian stock market's benchmark Sensex fell 337 points on Thursday after the US Federal Reserve hiked interest rate by 75 basis points and signaled that the borrowing costs would be increased further in the coming months.
Mumbai (Maharashtra) [India], September 22 (ANI): The Indian stock market's key indices, Sensex and Nifty, fell sharply on Thursday after the US Federal Reserve hiked policy interest rate by 75 basis points and signaled that the borrowing costs would be increased further in the coming months
New Delhi [India], September 22 (ANI): Indian stocks declined, though marginally, on Thursday morning in line with weak global cues, following yet another policy rates hike by the US Federal Reserve in its fight against high inflation.
Washington [US], September 22 (ANI): The US Federal Reserve has yet again raised key interest rates in its fight against red-hot inflation in the country. The key policy rate was raised by 75 basis points to 3.0-3.25 per cent -- which is the third consecutive hike of the same magnitude.
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 21 (ANI): Snapping two-day gains, Indian stocks traded a tad lower but with a positive bias on Wednesday morning as investors await the actual degree of rate hike by the US Federal Reserve, if at all, for fresh cues.
Islamabad [Pakistan], September 20 (ANI): Pakistan's shipping and freight industry has been facing turbulence since the outbreak of COVID-19, but the large-scale suspension of international flights and skyrocketing fuel prices have further exacerbated the suffering of the industry.
Hyderabad (Telangana) [India], September 20 (ANI): Amid the ongoing speculation over Congress presidential elections, V Hanumantha Rao believes Rahul Gandhi would be the most suitable leader for the Congress president's post.
New Delhi [India], September 20 (ANI): Indian stocks extended their gains from the final hour gains from the previous session to trade sharply higher on Tuesday morning.
New Delhi [India], September 19 (ANI): Faced with sticky inflation and a continued hawkish stance by various central banks, the Reserve Bank of India is likely to raise repo rates by another 50 basis points with an unchanged policy stance when it meets for the next monetary review, global in