New Delhi [India], October 24 (ANI): Foreign portfolio investors have withdrawn funds worth Rs 5,992 crore from Indian stock markets so far in October and become net sellers for the second straight month amid the strong US dollar index, weak rupee, and tightening of monetary policy.
Hong Kong, October 19 (ANI): India's external buffers appear sufficient to cushion risks associated with rapid monetary policy tightening in the US and high global commodity prices, says Fitch Ratings.
Mumbai (Maharashtra) [India], October 17 (ANI): The Reserve Bank of India has said that its monetary policy remains focussed on realigning inflation within the targeted band but the fight will be "dogged" and "prolonged".
New Delhi [India], October 17 (ANI): Indian stock indices fell marginally in early trade on Monday tracking weak cues from US markets, which apparently declined due to persistently high inflation in the country and the subsequent monetary policy tightening.
New York [US], October 13 (ANI): The US Federal Reserve Governor Michelle W. Bowman said that "sizable increase" in the key interest rate would remain on the table if inflation continues to remain on the higher side.
New Delhi [India], October 11 (ANI): Indian stocks slumped for the third straight session on Tuesday amid a decline in global markets on fears of further monetary policy tightening by various central banks.
Washington [US], October 11 (ANI): US Federal Reserve is expected to continue to keep its monetary policy restrictive for some time in order to ensure that high inflation numbers move back to target over time, according to the central bank's Vice Chair Lael Brainard.
New Delhi [India], October 9 (ANI): Experts believe stocks will be still in bearish mode as markets open up on Monday. The Indian equity markets are widely influenced by global cues, the macro environment and depending on the situation of stock exchanges' index like Dow Jones, it may continu
New Delhi [India], October 7 (ANI): With increasing oil prices weighing on traders' sentiments, the rupee plunged to an all-time low of 82.22 against the US dollar in morning trade on Friday. Depending on the rising crude oil and US payroll data, the US Federal Reserve's stance on monetary p
Mumbai (Maharashtra) [India], October 7 (ANI): With increasing oil prices weighing on traders' sentiments, the rupee plunged to an all-time time low of 82.22 against the US dollar in morning trade on Friday.
New Delhi [India], October 4 (ANI/PNN): RBI's monetary policy committee (MPC), which determines interest rates, opted to raise the policy repo rate by 50 basis points to 5.9 per cent with immediate effect. This decision was taken after three days-long sessions that concluded on September 30.