The dollar retreated on Monday after the October S&P Global Composite PMI release showed US business activity contracting for a fourth straight month, an indication that the US Federal Reserve's aggressive monetary tightening was having a significant impact.
New Delhi [India], October 23 (ANI): Due to the auspicious timing, Dhanteras is being celebrated on two days which led to an upward trend in the market.
Washington [US], October 22 (ANI): US' federal appeals court on Friday issued an administrative stay, temporarily blocking President Joe Biden's student loan forgiveness program.
Washington [US], October 14 (ANI): Tesla CEO Elon Musk is being investigated by the US federal authorities in connection with his USD 44 billion Twitter buyout deal, said media reports citing a court filing by the microblogging site.
New York [US], October 13 (ANI): The US Federal Reserve Governor Michelle W. Bowman said that "sizable increase" in the key interest rate would remain on the table if inflation continues to remain on the higher side.
Washington [US], October 11 (ANI): US Federal Reserve is expected to continue to keep its monetary policy restrictive for some time in order to ensure that high inflation numbers move back to target over time, according to the central bank's Vice Chair Lael Brainard.
Mumbai (Maharashtra)[India], October 10 (ANI): The Rupee on Monday dropped to a fresh record low against the US dollar, with an increased sell-off resulting from the good US jobs report which hints at more aggressive hikes from US Federal Reserve. The local currency declined 37 paise, to a r
Mumbai (Maharashtra) [India], October 8 (ANI): Corporate earnings and the central bank's action amid a slide in the value of the rupee are likely to keep the Indian equities markets' key indices - Sensex and Nifty - volatile in the coming weeks ahead of the Diwali festival.
New Delhi [India], October 7 (ANI): With increasing oil prices weighing on traders' sentiments, the rupee plunged to an all-time low of 82.22 against the US dollar in morning trade on Friday. Depending on the rising crude oil and US payroll data, the US Federal Reserve's stance on monetary p
Mumbai [India], September 30 (ANI): Indian markets on Friday were volatile and in negative territory during the morning trade. At 9.25 IST, the 30-share Sensex fell 0.33 per cent to 56,224 while Nifty was down 0.31 per cent to 16,786, as market participants track global cues and wait for RBI