Mumbai (Maharashtra) [India], Mar 16 (ANI): Equity indices nosedived by nearly 4.5 per cent during early hours on Monday amid the rapidly escalating global coronavirus pandemic even though the US Federal Reserve cut interest rates to near-zero a day earlier to help shore up the world's la
Washington DC [USA], Mar 16 (ANI): The US Federal Reserve has announced it would cut its target interest rate to near zero as part of the emergency action to support the US economy from the impact of the coronavirus pandemic.
Washington [US], Mar 12 (ANI): A range of financial institutions around the world have admitted that the coronavirus pandemic would have a hard impact on the world economy.
Mumbai (Maharashtra) [India], Mar 4 (ANI): Heavy selling in financial and metal stocks dragged equity benchmark indices lower by half a per cent on Wednesday as the government said that number of confirmed Coronavirus cases in India has risen to 28.
Mumbai (Maharashtra) [India], Mar 4 (ANI): Equity indices extended morning losses on Wednesday, dragged down by selling in banks and metal scrips, as investors assessed the economic fallout of fast-spreading coronavirus.
Mumbai (Maharashtra) [India], Mar 4 (ANI): Equity benchmark indices were flat during early hours on Wednesday as investors assessed the economic fallout from fast-spreading coronavirus.
Washington D.C. [USA], Mar 4 (ANI): The US Federal Reserve on Tuesday (local time) lowered the interest rates by half a percentage point as coronavirus poses "evolving risks" to economic activity in the country.
Mumbai (Maharashtra) [India], Dec 12 (ANI): Equity benchmark indices edged higher during early hours on Thursday with metal and pharma stocks showing the most gains.
Washington D.C. [USA], Dec 12 (ANI): The Federal Reserve on Wednesday decided to keep unchanged the rates of interest rates with no indication to raise them anytime soon, thereby ignoring President Donald Trump's call for more cuts to boost the US economy.
Washington D.C. [USA], Dec 9 (ANI): Paul Volcker, who served as the former chairman of the US Federal Reserve under the administrations of Jimmy Carter and Ronald Reagan in the late 1970s and early 1980s, breathed his last at the age of 92.
Mumbai (Maharashtra) [India], Oct 31 (ANI): Equity benchmark indices ended higher on Thursday but off the day's high after Sensex touched a fresh record high of 40,392 in intraday trading session.
Washington DC [USA], Oct 31 (Sputnik/ANI): The United States' benchmark interest rate has been cut by 25 basis points to a range of 1.50 per cent to 1.75 per cent, the Federal Reserve said on Wednesday.