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Indian stocks slump on global monetary policy tightening; Rupee at new low
Updated : 3 years, 8 months ago IST
New Delhi [India], September 23 (ANI): Indian stocks extended their losses from the previous session and declined further on Friday morning following the latest policy rates hike by the US Federal Reserve in its fight against high inflation.
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Pakistan economy to slow to 3.5% in FY23: ADB report
Updated : 3 years, 8 months ago IST
New Delhi [India], September 22 (ANI): Pakistan's economy is forecast to slow to 3.5 per cent in the financial year 2022-23 due to reasons like devastating floods and policy tightening, the Asian Development Bank (ADB) has said in its latest report.
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Concerns over recession grow in South Korea due to inverted yield curve
Updated : 3 years, 8 months ago IST
Seoul [South Korea], September 22 (ANI/Global Economic): Short-term interest rates have recently risen above long-term interest rates for the first time since the 2008 financial crisis.
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Xi tightens state's control over religious affairs, forces 60 Christians t
Updated : 3 years, 8 months ago IST
Beijing [China], September 21 (ANI): Chinese President Xi Jinping has tightened the state's control over religious affairs forcing 60 Christians to seek asylum in the US.
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ADB cuts India's GDP growth forecast to 7% from earlier 7.2
Updated : 3 years, 8 months ago IST
New Delhi [India], September 21 (ANI) The Asian Development Bank (ADB) lowered India's GDP growth projection for the year 2022-23 to 7 per cent from the earlier 7.2 per cent based on higher-than-expected inflation and monetary tightening.
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Edelweiss Wealth Management selects AppSealing to strengthen app security
Updated : 3 years, 8 months ago IST
Mumbai (Maharashtra) [India], September 19 (ANI/PRNewswire): AppSealing, a leader in Mobile App Shielding solutions, announced today that its solution has been selected by Edelweiss Wealth Management, one of the leading wealth management players in India. The solution will help Edelweiss Wea
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Samajwadi Party takes out march against UP govt, security tight in Lucknow
Updated : 3 years, 8 months ago IST
Lucknow (Uttar Pradesh) [India], September 19 (ANI): A large number of security personnel were deployed at the State Assembly as Samajwadi Party (SP) on Monday held a protest march against the UP government, raising various demands.
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Equity Outlook: All eyes on central bank monetary policy stance for road a
Updated : 3 years, 8 months ago IST
New Delhi [India], September 18 (ANI): All is not well in global financial markets. Market participants are not aggressively participating and are largely shying away from making large bets, especially on concerns of aggressive global monetary policy tightening by various central banks to
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Nargis Fakhri is back...would be seen in Hindi films soon
Updated : 3 years, 8 months ago IST
New Delhi [India], September 17 (ANI/PNN): While Nargis Fakhri is tight lipped about her forthcoming films, we have got to know that she would be seen in Shiv Shastri Balboa where she plays a happy go lucky girl who is half-Indian and half-American. The film directed by Ajayan Venugopalan st
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Risk of global recession rises amid simultaneous interest rate hikes: Worl
Updated : 3 years, 8 months ago IST
Washington [US], September 16 (ANI): As central banks across the world simultaneously hike interest rates in response to inflation, the world may be edging toward a global recession in 2023 and a string of financial crises in emerging markets and developing economies that would do them lasti
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India stocks bearish for 3rd day over monetary policy tightening worries
Updated : 3 years, 8 months ago IST
New Delhi [India], September 16 (ANI): Indian stocks started Friday's trade in the red, extending losses for the third straight session, on concerns of aggressive global monetary policy tightening by various central banks to avert recessionary fears.
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Fitch slashes global growth forecast, sees "mild" recession in US in mid-2
Updated : 3 years, 8 months ago IST
New Delhi [India], September 15 (ANI): The European gas crisis, high inflation and the pace of global monetary policy tightening are taking a heavy toll on economic prospects, rating agency Fitch Ratings' September 2022 Global Economic Outlook (GEO) said. European wholesale gas and electrici
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