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Fed rate cut will facilitate fund flows to India and emerging markets: Exp
Updated : 1 year, 9 months ago IST
The US Federal Reserve's move to cut the rate by 50 basis points will facilitate flows to emerging markets. Experts say a weaker dollar and lower rates are favourable for India and emerging economies.
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Sensex, and Nifty soar to fresh record highs after US Fed cuts interest ra
Updated : 1 year, 9 months ago IST
The Indian stock market on Thursday reacted with a strong positive sentiment to the US Federal decision that reduced interest rate to 50 basis points, marking the first decrease since 2020.
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Indian markets close marginally down ahead of likely Fed rate cut late ton
Updated : 1 year, 9 months ago IST
BSE Sensex and Nifty 50 on Wednesday closed flat on Wednesday as investors awaited the US Federal Reserve's decision on rate cut.
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S&P Global Market Intelligence anticipates two US Fed rate cuts this y
Updated : 1 year, 9 months ago IST
American central bank US Federal Reserve will most likely cut key interest rates twice this year -- once this month and again in December, anticipates S&P Global Market Intelligence.
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Gold Prices Surge Reasons, "Be Aware and Think Long-Term" says Hemant Sood
Updated : 1 year, 9 months ago IST
New Delhi [India], August 28: On August 16, 2024, gold prices witnessed a spectacular rise, peaking at USD 2,500.99 per ounce driven by the surge in demand. An increasing number of investors lined up to get their hands on this historical asset.
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US Fed chief strongly signals rate cut in September, shifts focus from inf
Updated : 1 year, 10 months ago IST
US Federal Reserve Chair Jerome Powell gave a strong indication that it was time for the US central bank to reduce interest rates as inflation rates were aligning with its target.
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Indian stocks register fresh lifetime highs, Nifty crosses 25,000 mark
Updated : 1 year, 10 months ago IST
The Indian stock market achieved a new milestone, with both Nifty and Sensex reaching a record high on Thursday. The markets got support from the US Federal Reserve deciding to keep the interest rates unchanged for the eighth straight time.
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"India's domestic financial system is now in a much stronger position": RB
Updated : 2 years ago IST
Das said, "India's domestic financial system is now in a much stronger position than it was before we entered the period of the COVID crisis. Indian financial system is now in a much stronger position, characterized by robust capital adequacy, low levels of non-performing assets, and healthy
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UAE: CBUAE maintains base rate at 5.40 per cent
Updated : 2 years ago IST
This decision was taken following the US Federal Reserve's announcement today to keep the Interest Rate on Reserve Balances (IORB) unchanged.
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Inflation worries continue for US Fed, no policy rate cut for seventh time
Updated : 2 years 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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"There isn't any alternative to USD as reserve currency": Warren Buffett
Updated : 2 years, 1 month 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 : 2 years, 1 month 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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