US Federal Reserve raises rates, sees faster pace of increases in 2017
The U.S. Federal Reserve raised interest rates by a quarter point on Wednesday and signalled a faster pace of increases in 2017 as the Trump administration takes over with promises to boost growth through tax cuts, spending and deregulation.
Dec 15, 2016, 00:44 AM IST
Sensex closes below 26,700-mark ahead of Fed verdict
The Sensex opened higher at 26,707.91 and hovered in a range of 26,736.34 and 26,547.05 before ending at 26,682.45, down 94.98 points, or 0.36 percent.
Dec 14, 2016, 17:22 PM IST
Gold calm ahead of Fed meet outcome, silver weakens on muted demand
Gold prices remained steady at Rs 28,450 per 10 grams Wednesday ahead of the outcome of the ongoing Federal Reserve meet which is expected to tighten its policy sooner than later.
Dec 14, 2016, 15:12 PM IST
Market brushes aside Fed rate hike signal; Sensex jumps 183 points, Nifty reclaims 8,200-mark
At the close, Nifty retook the key 8,200-mark, driven by gains in RIL and ONGC stocks.
Dec 13, 2016, 17:19 PM IST
Gold price plunges to 6-month low, dips below Rs 29,000 per 10 grams
Tracking negative cues from the international market, gold prices on Tuesday dipped below the Rs 29,000 mark by falling Rs 250 to an over six-month low of Rs 28,800 per 10 grams.
Dec 06, 2016, 14:43 PM IST
Rupee recovers from all-time low, regains 9 paise to 68.64 vs USD
The rupee on Friday recovered from its 39-month closing low by rising 9 paise to 68.64 against the dollar in early trade at the Interbank Foreign Exchange market on fresh selling of the US currency by banks and exporters.
Nov 25, 2016, 10:13 AM IST
Markets snap 2-day gains; Sensex falls below 26K-mark, Nifty under 8,000-level
The 30-share index was trading lower by 145.97 points, or 0.56 percent, to 25,905.84.
Nov 24, 2016, 10:32 AM IST
Demonetisation Impact: Rupee plunges to new record low of 68.86 vs USD
Rupee's unabated free-fall continued for the fifth straight day Thursday as it weakened by another 30 paise to hit over 3-year low of 68.86 against the dollar in afternoon trade amid foreign fund outflows and the greenback's surge in overseas markets.
Nov 24, 2016, 09:59 AM IST
Stop talking about the Fed: Donald Trump economic adviser
A senior economic adviser to President-elect Donald Trump stressed economic growth over discussion of Federal Reserve policies on Thursday, citing the need for small-business job growth through better regulation, energy policy and tax cuts.
Nov 10, 2016, 21:16 PM IST
Fed holds rates steady, sets stage for December hike
The Federal Reserve kept interest rates unchanged on Wednesday in its last policy decision before the U.S. election, but signaled it could hike in December as the economy gathers momentum and inflation picks up.
Nov 03, 2016, 00:06 AM IST
Indian economy well-prepared for any risk in case of US Fed rate hike: Report
According to the global financial services major, expectations that the US Fed might normalise rates in December have been rising and the resultant risks of a stronger dollar accompanied by a rise in rates are under watch.
Oct 31, 2016, 16:43 PM IST
'Gold price may regain ground in next year but ''bumpy road'' ahead'
Gold is likely to recover to above USD 1,300 an ounce next year as a pickup in physical demand counters more potential US rate increases, a Reuters poll at an industry event showed.
Oct 18, 2016, 09:10 AM IST
Fed's Yellen says ''high-pressure'' policy may be only way back from crisis
The Federal Reserve may need to run a "high-pressure economy" to reverse damage from the crisis that depressed output, sidelined workers and risks becoming a permanent scar, Fed Chair Janet Yellen said on Friday in a broad review of where the recovery may still fall short.
Oct 15, 2016, 01:12 AM IST
Sensex at 3-month low, crashes 439 points on global sell-off
Indian stocks tumbled like nine pins today, with the benchmark Sensex plunging over 439 points to close at a three-month low of 27,643.11 after a slew of global factors such as weak Chinese export data and Fed rate hike talks unnerved investors.
Oct 13, 2016, 14:38 PM IST
September's Fed rate decision not to increase US interest rates a 'close call'
Last month`s Federal Reserve decision not to increase US interest rates was a "close call" for several senior policymakers, according to meeting minutes released Wednesday.
Oct 13, 2016, 01:14 AM IST
Wall Street sells off amid weak earnings, election jitters
Wall Street sold off on Tuesday as disappointing corporate reports gave a sour tone to the start of earnings season and investors digested possible changing dynamics for the upcoming U.S. elections.
Oct 12, 2016, 01:31 AM IST
Gold price suffers more losses, settles at Rs 30,320 per 10 grams
Gold extended its slump for the third day and lost another Rs 170 to Rs 30,320 per 10 grams in the bullion market Friday amid a weakening global trend and slack demand from jewellers.
Oct 07, 2016, 15:52 PM IST
Gold price suffers worst one-day fall of Rs 730 this year, settles at Rs 30,520 per 10 grams
Gold cracked as much as Rs 730 -- its biggest one-day fall this year -- to Rs 30,520 per 10 grams, in sync with a weak trend overseas on growing US rate hike buzz amid a fall in demand at the spot market.
Oct 05, 2016, 15:02 PM IST
RBI Governor Urijit Patel to present maiden monetary policy next week; investors keen for his views
A month into the job, Reserve Bank of India new Governor Urijit Patel will on Monday and Tuesday chair his maiden policy review.
Oct 01, 2016, 11:48 AM IST
New RBI chief Urjit Patel and monetary policy committee face close call on rates
A month into the job, India`s new central bank governor will on Monday and Tuesday chair his maiden policy review, which for the first time will see a committee set interest rates, though views are divided on whether there will be any change this time round.
Sep 30, 2016, 15:04 PM IST
