Mumbai (Maharashtra) [India], May 4 (ANI): The Indian stock markets' key indices, Sensex and Nifty, slumped by more than two per cent on Wednesday after the Reserve Bank of India (RBI) made a surprise announcement to hike policy repo rate by 0.40 per cent.
New York [US], April 23 (ANI/Sputnik): Wall Street fell for a third straight week as fears of aggressive interest rate hikes by a Federal Reserve eager to break the back of the worst US inflation in 40 years led to an investor exodus from stocks and even safe-havens such as gold.
New Delhi [India], April 9 (ANI): The Reserve Bank of India (RBI) has maintained the policy repo rate at a record low of 4 per cent for almost the past two years in order to support economic growth, hit by COVID-19 pandemic. Although in the first policy review of the current financial yea
New York [US], April 7 (ANI/Sputnik): Wall Street tumbled on Wednesday as the Federal Reserve coalesced around a plan to double down on interest rate hikes to fight inflation at 40-year highs, sending Big Tech stocks down more than 2% for a second day in a row.
New Delhi[India], March 24 (ANI): After a hike in petrol, diesel and Liquefied Petroleum Gas (LPG) prices, Indraprastha Gas Limited (IGL) has also increased the price of domestic piped natural gas (PNG) by Rs 1 per standard cubic meter (SCM) effective from Thursday.
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
Mumbai (Maharashtra) [India], March 17 (ANI): Shrugging off the first interest rate hike by the US Federal Reserve in over three years, the Indian equities markets key indices, Sensex and Nifty, surged by nearly 2 per cent on Thursday led by a strong buying support in infra and financial
Washington [US], March 17 (ANI/Sputnik): The Federal Reserve raised US interest rates on Wednesday for the first time since the 2020 outbreak of the coronavirus pandemic and said there could be another six hikes this year if inflation remains high.
Mumbai (Maharashtra) [India], January 27 (ANI): The Indian equities markets key indices tumbled on Thursday with Sensex losing 1052 points in the morning trade after the US Federal Reserve gave signal on interest rate hike and reaffirmed halting its bond buying programme.
New York [US], January 22 (ANI/Sputnik): US stocks were headed for their worst month since the 2008 financial crisis as Wall Street is beset by a multi-week loss triggered by worries of a streak of interest rate hikes to clamp down on inflation.
Seoul [South Korea], January 13 (ANI/Global Economic): As individual investors have sold risky assets such as stocks due to the base interest rate hike, S. Korea's money supply surpassed 39 trillion won, hitting the highest rate. The increase rate is the highest level in 12 years and 11 mont
New Delhi [India], January 10 (ANI): High inflation and COVID-19 new variant Omicron have made the outlook for emerging markets like India more uncertain. Another big challenge for the emerging economies would come from the policy rate hike from the United States Federal Reserve.