India To Gain As Global Oil Prices Decline Despite Geopolitical Tensions
Russia has now emerged as the largest supplier of crude oil to India replacing Iraq and Saudi Arabia which occupied the top slot earlier.
May 22, 2024, 13:58 PM IST
Rupee Rebounds 14 Paise To 83.05 Against Dollar As US Fed Indicates 3 Rate Cuts
The Indian currency gained strength as the US Federal Reserve indicated three rate cuts this year despite sticky inflation.
Mar 21, 2024, 10:10 AM IST
Stock Markets Close Higher In Volatile Trade Ahead Of Key Fed Policy Meeting
Reliance Industries which rebounded more than 1.5 per cent from the day's low was the major contributor to Sensex and Nifty gains.
Mar 18, 2024, 18:44 PM IST
US Fed Leaves Policy Rate Unchanged For Fourth Straight Time
The US monetary policy committee in its statement said that the recent indicators suggested that economic activity has been expanding at a solid pace.
Feb 01, 2024, 08:38 AM IST
Rupee falls 16 paise to all-time low of 82.33 against US dollar in early trade
Indian currency for the first time closed below the 82 level against the greenback. It plunged 55 paise to close at a record low of 82.17 against the US currency.
Oct 07, 2022, 13:08 PM IST
Indian Rupee hits all-time low of 81.90 after falling 37 paise on Wednesday
The Indian rupee has weakened sharply in recent days largely due to a strengthening of the US dollar.For the record, the US Federal Reserve had raised the repo rate by 75 basis points.
Sep 28, 2022, 20:21 PM IST
Sensex soars 1,041 points, Nifty nears 17,000 as bulls regain footing
The US Federal Reserve on Wednesday raised key interest rates by 75 basis points for the second straight month.
Jul 28, 2022, 17:38 PM IST
US Federal Reserve sees interest rates dropping near zero through 2022 to tackle coronavirus COVID-19 damage
The US Federal Reserve on Wednesday (June 10) held interest rates near zero and dropped hints that it would maintain that level until the end of 2022 to check the damage caused to the US economy due to coronavirus COVID-19 pandemic.
Jun 11, 2020, 07:37 AM IST
US Fed holds rates steady, signals cuts possible later this year
While new economic projections showed policymakers` views of growth and unemployment largely unchanged, they saw headline inflation at just 1.5 percent for the year, down from the 1.8 percent projected in March.
Jun 20, 2019, 11:28 AM IST
US Fed raises lending rates for 4th time this year, defies Prez Trump
According to Federal Reserve Chairman Jerome Powell, the world's largest economy continued to strengthen this year, roughly in line with expectations.
Dec 20, 2018, 11:15 AM IST
US Fed raises interest rates, sees at least three more years of growth
The US central bank still foresees another rate hike in December, three more next year, and one increase in 2020.
Sep 27, 2018, 09:31 AM IST
Sensex breaks 2-day rally, falls 130 points; Nifty a tad above 10,100
The 30-share Sensex opened higher at 33,206.99 and advanced to hit a high of 33,281.77 in early trade.
Mar 22, 2018, 16:29 PM IST
Sensex extends slide for 5th day, tanks 253 points, Nifty below 10,100
According to market observers, investors were cautious ahead of the US Federal Reserve's meet on March 20-21.
Mar 19, 2018, 16:26 PM IST
Market still on slippery ground; inflation concerns linger on
The Sensex after resuming lower at 33,817.09 fell further to hit a low of 33,691.42 intra-day on foreign fund outflows.
Feb 22, 2018, 17:32 PM IST
US Fed opens policy meeting; interest rate hike likely
It would be the third rate hike this year, and possibly the final time Federal Reserve Chair Janet Yellen presides over a policy move since President Donald Trump has opted to replace her in February.
Dec 13, 2017, 00:17 AM IST
Gold price hits 4-month low, plunges by Rs 180 to Rs 29,400 per 10 grams
In the national capital, gold of 99.9 percent and 99.5 percent purity tumbled by Rs 180 each to Rs 29,400 and Rs 29,250 per 10 grams, the lowest since August 5.
Dec 12, 2017, 20:16 PM IST
Sensex falls 228 points, ends below 33,300-mark
The broader Nifty too settled below the key 10,300-level, down 82.10 points, or 0.80 percent, at 10,240.15.
Dec 12, 2017, 15:45 PM IST
US third quarter growth fastest in three years at 3.3%
The six months from April to October saw the fastest economic expansion since the same period in 2014, when GDP grew by an average of 4.9 percent.
Nov 29, 2017, 19:55 PM IST
Fed chair nominee Powell pledges to 'respond decisively' to economic threats
During Powell's time as a governor the Fed has regularly come under the criticism of Republican lawmakers worried that the central bank`s bondbuying and other crisis response programs created risks to the financial system, and that central bankers had accumulated too much discretionary power.
Nov 28, 2017, 21:46 PM IST
Gold price eases from six-week high ahead of Fed chair confirmation
Low rates cut the opportunity cost of holding non-yielding assets such as bullion, while depressing the dollar, in which it is priced.
Nov 28, 2017, 17:36 PM IST
