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3 mins read
Gold prices likely to stay muted for the rest of 2023 at least
Gold prices have experienced a further decline of around four percent in the past month. This corre…
3 mins read
As Fed resumes rate hike, market watchers say RBI policy unlikely to be affected
The United States Federal Reserve raised its benchmark interest rate by 25 basis points on Wednesda…
3 mins read
Markets may cheer if Federal Reserve delivers its last 25 bps hike before a pause
A stock market rally is on the horizon as the US Fed’s Federal Open Market Committee (FOMC) is expe…
5 mins read
Sensex, Nifty50 edge lower amid volatility: IT stocks drag, HAL tumbles 5%
India’s benchmark indices Sensex and Nifty50 are likely to open on a negative note on Thursday foll…
2 mins read
A review of the global private markets in 2022
The Global Private Markets Review 2023, published by McKinsey & Company, provides a comprehensive a…
4 mins read
Sensex, Nifty50 edge up in morning trade driven by auto and PSU bank stocks
India’s equity markets are likely to open on a positive note ahead of the crucial Federal Open Mark…
1 min read
Aided by a weaker greenback, Rupee gains 32 paise to close at 82.50/USD
The rupee gained 32 paise to close at 82.50 (provisional) against the US dollar on Thursday, suppor…
PTI
2 mins read
Rupee falls 7 paise to close at 81.81 against US dollar
The rupee depreciated 7 paise to close at 81.81 (provisional) against the US dollar on Monday, trac…
PTI
4 mins read
Markets snap 4-session winning streak ahead of Fed outcome – FMCG, retail and telecom decline
Indian benchmark indices Nifty50 and Sensex ended the day in red as traders waited anxiously for th…
2 mins read
Sensex, Nifty50 plummet on selling pressure across all sectors ahead of FOMC minutes
Indian benchmark indices plummeted on Wednesday as bears took control ahead of the FOMC minutes. Se…
3 mins read
To fight sky-high inflation, the Federal Reserve just raised interest rates three times faster than usual — and the most since since 1994
The central bank lifted its benchmark interest rate by three-quarters of a percentage point on Wedn…
Ben Winck
1 min read
Gold falls ₹303; silver drops ₹197
In the previous trade, the yellow metal had closed at Rs 49,874 per 10 grams. The rupee app…
PTI
2 mins read
The Fed thinks prices will keep rising and business will slow down for the rest of the year
Fed officials slashed their estimate for 2022 economic growth to 2.8% from 4% and upped their infla…
Ben Winck
3 mins read
The Fed's first interest rate hike of the pandemic means car loans, mortgages, and credit card payments are getting pricier
The Federal Reserve raised rates by 0.25 percentage points on Wednesday, ending the near-zero rate …
Ben Winck
2 mins read
Nasdaq falls nearly 2% as US stocks battered by Omicron volatility
The disappointing November jobs report added to the uncertainty as investors try to chart the path …
Isabelle Lee
2 mins read
US stocks give up gains after Fed signals potential aggressive path of rate hikes
The central bank indicated interest rates will start going up as soon as March. Chair Jerome Powell…
Isabelle Lee
2 mins read
US stocks rise as investors await conclusion of Fed policy meeting
Investors are counting down the hours until the Fed announces its decision, though many are not exp…
Isabelle Lee
3 mins read
Mortgages, car loans, and credit card debt are about to get more expensive
The Federal Reserve raised interest rates by another 0.75 percentage points on Wednesday. That's se…
Ben Winck
3 mins read
US stock futures tread water after Fed minutes spark a sell-off, while bitcoin slumps to a 1-month low
As well as embarking on rate hikes, the Fed may reduce its balance sheet — the "most notable develo…
Shalini Nagarajan
2 mins read
US stocks rise as investors digest Fed minutes showing tapering on track for November
Mega-cap tech led the market higher Wednesday as the yield on the 10-year Treasury note slipped. CP…