The Indian stock market achieved a new milestone, with both Nifty and Sensex reaching a record high on Thursday. The markets got support from the US Federal Reserve deciding to keep the interest rates unchanged for the eighth straight time.
U.S. Federal Reserve Chair Jerome Powell hinted a possible interest rate cut in September if economic conditions align with expectations. The fed made these remarks during the latest Federal Reserve meeting which decided to keep the federal funds rate unchanged at 5.25 per cent to 5.5 per ce
The Federal Reserve, in its latest meeting, decided to keep the federal funds rate unchanged at 5.25 per cent to 5.5 per cent for the eighth time. In its statement, the Fed observed that job gains in the U.S. economy have moderated, while the unemployment rate has increased slightly but rema
Mumbai (Maharashtra) [India], July 30: Kotak General Insurance, an insurance provider in India highlights how driving record affects car insurance premiums. Car insurance is an important aspect in India, that offers protection in the event of accidents or unforeseen circumstances. One of the
Liaquat Ali Shah, a banker based in Gilgit-Baltistan, voiced serious concerns about the alarming unemployment rates in the region. According to Shah, unemployment hovers between 70-80 per cent, leaving educated youth with little choice but to seek opportunities elsewhere.
Digitalization is influencing price levels through direct and indirect channels. Under the direct channel, digitalization is feeding into lower inflation rates through a decline in the prices of ICT-related goods. This has been observed in the post-pandemic period across both hardware and so
New Delhi [India], July 29: Hero FinCorp Personal Loans are extremely popular among Indian consumers. Thanks to their instant loan amount of up to Rs 5 Lakh, competitive interest rates and flexible repayment terms of up to 36 months. To make borrowing instant loans more rewarding, Hero FinCo
Mumbai (Maharashtra) [India], July 29: Fixed Deposits (FDs) stand out as a traditional yet reliable choice for many individuals seeking stable returns. FDs offer a secure avenue to grow their savings, particularly for those with a conservative risk appetite. One of the key aspects to conside
The India budget for the fiscal year 2024-25, presented on Tuesday, reflects a clear commitment to maintaining economic stability and fostering growth through substantial capital expenditure (capex) investments.
The Pakistan ministers requested an eight-year extension for repaying energy debt, converting US dollar-based interest payments to Chinese currency, and reducing overall interest rates for both CPEC and non-CPEC Chinese-funded projects,
Under the PNGRB Act, the board is responsible for setting the tariffs for pipelines used by companies to supply oil and gas. Previously, pipeline tariffs were based on railway tariffs for moving petroleum products, but the board has now introduced independent criteria for determining pipelin