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Inflation worries continue for US Fed, no policy rate cut for seventh time
Updated : 1 year, 9 months ago IST
The US Federal Reserve, in its latest monetary policy meeting, voted to leave the key interest rate unchanged at 5.25-5.50 per cent, maintaining the policy rate for the seventh straight time on the trot.
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India stocks largely steady at opening bell today
Updated : 1 year, 9 months ago IST
Indian stock indices were largely steady at the opening bell Tuesday, with a downward slant. Indices Sensex and Nifty were a shy above their yesterday's closing at the time of filing this report.
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Indian stock investors now keep eye on inflation data, Modi 3.0 policy dec
Updated : 1 year, 9 months ago IST
Analysts believe that investors will keep an eye on the US Fed interest rate decision, India's inflation data, and the decisions of the new government will be on the watch list for the upcoming week starting from Monday.
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Despite continued selling pressure by FPIs, Indian markets are at all-time
Updated : 1 year, 9 months ago IST
The selling pressure in the Indian markets persists with the FPI (Foreign Portfolio Investment) selling during May standing at Rs 17,848 crore so far this month. Data from the National Securities Depository Limited (NSDL) shows that the net FPI investment is negative for May.
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US Fed needs multiple months of falling inflation trajectory to lower rate
Updated : 1 year, 9 months ago IST
The U.S. Federal Reserve released the minutes of the May 1st federal policy meeting on Wednesday. The minutes highlight that the members deliberated on the state of financial markets and economic developments. The discussion highlighted concerns about inflation persistence and the overall
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"There isn't any alternative to USD as reserve currency": Warren Buffett
Updated : 1 year, 10 months ago IST
"It won't be the quantity of the national debt. There isn't any alternative to the dollar as a reserve currency," said Warren Buffet, Chairman and CEO of Berkshire Hathaway.
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Indian markets gained after the U.S Fed kept rates unchanged
Updated : 1 year, 10 months ago IST
Indian benchmark indices closed with gain on Thursday after the US Federal Reserve kept the interest rates unchanged for the sixth straight time.
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Indian stocks continue uptrend; most Godrej shares rise after split in con
Updated : 1 year, 10 months ago IST
Indian stock indices rose marginally Thursday morning after they witnessed mild losses in the previous session. Today's positive momentum could be linked to record GST collection in April coupled with overall stability in the economy.
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US Fed says further interest rate hike unlikely going ahead
Updated : 1 year, 10 months ago IST
US Federal Reserve Chair Jerome Powell said a further interest rate hike from here is unlikely and the central bank is currently focused on its restrictive monetary policy stance.
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US Fed vows to hold policy rate "as long as appropriate" to bring inflatio
Updated : 1 year, 10 months ago IST
US Federal Reserve Chair Jerome Powell said it was prepared to maintain the current interest rate for "as long as appropriate" so as to align the inflation rate with its 2 per cent target.
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Inflation worries continue for US Fed, no policy rate cut for sixth time
Updated : 1 year, 10 months ago IST
The US Federal Reserve, in its latest monetary policy meeting, voted to leave the key interest rate unchanged at 5.25-5.50 per cent, keeping the policy rate unchanged for the sixth straight time on the trot.
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Foreign portfolio investors sold over Rs 6,000 crore Indian stocks in Apri
Updated : 1 year, 10 months ago IST
Foreign portfolio investors (FPIs) have turned net sellers in Indian stocks lately, after the ongoing geopolitical crisis in the Middle East, which has likely pushed investors to take money off their portfolios.
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