Sensex drops 142 points, tracking weak global cues

BSE Sensex was down 142 points to 61,212.97 and Nifty dropped 87 points to 18,061.20 at 10.45 on Wednesday.

China's Xi must avoid another policy-induced recession

China's gross domestic product for the January-March period of 2023 grew 4.5 per cent year on year in real terms,...

Indian stocks extend gains; focus now on inflation data, earnings

The indices extended gains for the sixth session in a row, as the central bank made a surprise decision of...

RBI keeps repo rate unchanged: Here's how experts reacted

The Reserve Bank of India, in its first monetary policy review meeting in 2023-24, decided to keep the key...

ASSOCHAM urges RBI to put a halt to more rate hikes

ASSOCHAM President Ajay Singh said, "Though India remains the fastest-growing nation amongst the major economies,...

Pak Finance Ministry warns inflation to increase further

According to Pakistan's newspaper, the second-round effect of the policy decision had led to decisions like a rise...

Expect RBI to pause repo rate hike in February: SBI Research

SBI Research, in a report published moments before the RBI meeting started, said India's central bank is expected to...

Morgan Stanley sees 25 bps rate hike in next US policy meet

The US central bank's policy rate is now in a target range of 4.25-4.50 per cent, the highest level in 15 years, and...

'Interest rates nearing peaks but central banks to delay easing'

The global financial market information and analytics services provider expects the policy rates to remain in place...

Stabilising inflation may require unpopular measures: Fed chief

The US central bank's policy rate is now in a target of 4.25-4.50 per cent, the highest level in 15 years, and...

US Fed believes not "appropriate" to loosen monetary policy

The US Federal Reserve officials believe it would not be "appropriate" to begin loosening monetary policy stance...

US Federal Reserve raises interest rates by 50 basis points

The Federal Open Market Committee of the Federal Reserve said the new interest rates was approved unanimously. The...