New Delhi [India], July 25 (ANI): The US Fed's upcoming monetary policy meeting is set to dominate headlines this week with a 75-100-basis points interest rate hike likely. Inflation approaching double-digits has prompted the US central bank to take a tougher stance.
New Delhi [India], July 22 (ANI): Strong likelihood of a sharp rise in interest rates by the US Fed and other central banks to rein in the red-hot inflation has melted international gold prices to a nearly one-year low. In India too, the prices of the yellow metal in physical markets fell to
London [United Kingdom], July 11 (ANI) While expressing concerns about the crypto markets, Vice-Chair of the US Federal Reserve, Lael Brainard, has said it is important that the foundations for sound regulation of the crypto financial system be established now before the ecosystem becomes so
Washington [US], July 8 (ANI): Former US police officer Derek Chauvin, convicted of the murder of African American man George Floyd, was sentenced to more than 20 years in prison on Thursday on federal charges.
New Delhi [India], June 27 (ANI) Given the uneven domestic economic recovery, and a relatively larger output gap compared to pre-Covid levels, as well as higher inflation tolerance levels, rating agency ICRA expects India's policy rate hike cycle to be shallower vis-a-vis the US Fed.
Mumbai (Maharashtra) [India], June 25 (ANI): The Indian equities markets key indices snapped a two-week losing streak with the benchmark Sensex gaining 1,367 points in the week ended June 24 as a rebound in global equities amid a steady fall in crude oil prices bolstered investors' sentim
New Delhi [India], June 18 (ANI): After having closed this week on a negative note, Indian domestic equity benchmark indices are likely to trade with a downside bias next week as the aggressive monetary policy stance by the US Fed potentially triggered the fear of a recession.
Mumbai (Maharashtra) [India], June 18 (ANI): Sharp increase in interest rates by the US Federal Reserve and other central banks have battered equities markets across the world with India's key indices Sensex and Nifty slumping by more than 5 per cent during the week, posting their biggest we
Mumbai (Maharashtra) [India], June 16 (ANI): The Indian stock markets' key indices, Sensex and Nifty, slumped by around 2 per cent on Thursday tracking weakness in the global peers after the US Federal Reserve raised policy rates by 75 basis points, the highest increase since 1994, in order
Mumbai (Maharashtra) [India], June 16 (ANI): The Indian stock markets' key indices, Sensex and Nifty, witnessed volatile trading on Thursday tracking weakness in the global peers after the US Federal Reserve raised policy rates by 75 basis points, the highest increase since 1994, in order to
Washington [US], June 16 (ANI): The US Federal Reserve on Wednesday (local time) raised interest rates by 75 basis points (bps) or three-quarters of a percentage point in the boldest move since 1994.
Islamabad [Pakistan], June 15 (ANI): The National Bank of Pakistan (NBP) nearly escaped a potential bankruptcy, as a high-profile terror-financing case filed against it in New York's federal court was withdrawn, a Pakistan media reported on Tuesday citing the sources at Pakistan Attorney Gen