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4 mins read

Inflation spikes in June 2024 due to high food prices; Likely to affect RBI’s decision on interest rate

Indian retail inflation rises to 5.08% in June, driven by a spike in food prices. Food price inflat…

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4 mins read

Gold prices hit record high, could reach ₹78,000 per 10 grams in coming weeks

Gold prices reached a historic high on September 24, driven by global economic conditions and geopo…

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3 mins read

Mark Cuban mocks Trump for going even further than Bernie Sanders on capping credit card interest rates

Mark Cuban said Donald Trump is showing his "socialist and communistic tendencies" by pushing a 10…

Brent D. Griffiths   


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2 mins read

Interest rates are still sky-high — but companies aren't feeling the squeeze

Businesses haven't found it this easy to borrow cash since 2022, according to a Chicago Fed gauge o…

George Glover   


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5 mins read

Should you invest your money in an FD at high interest rates now?

Last Friday, the Reserve Bank of India (RBI) kept the repo rates unchanged seventh time in a row at…

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5 mins read

An au pair for wealthy families shares the highs and lows of the unpredictable job

Angel Hutchinson worked for two families in New Jersey who made her feel unwelcome before she was p…

Mark Ellwood   


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2 mins read

RBI can't ignore food inflation while setting rates, will wait for NSO to review CPI weightage: Das

"The MPC (monetary policy committee) may look through high food inflation if it is transitory; …

PTI   


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7 mins read

What office meltdown? Developers see a shortage of high-end space and are rushing to build it.

Tenants like Citadel, JPMorgan, and Meta have sought new top tier offices. Little of it has been bu…

Daniel Geiger   


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3 mins read

The Chinese yuan surged to a 16-month high, but Beijing may not be happy about it

The US dollar to offshore Chinese yuan, or CNH rate fell to as low as 6.9951, the first time it bre…

Huileng Tan   


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4 mins read

RBI likely to keep interest rate unchanged at 6.5%, say experts

Reserve Bank of India (RBI) is likely to keep the key interest unchanged at 6.5% on Thursday, and w…

PTI   


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2 mins read

The Fed isn't going to be able to cut interest rates as much as it wants to, former Treasury Secretary Larry Summers says

Huge increases in wealth and debt levels prevents the Fed from cutting rates as much as it wants, L…

Jennifer Sor   


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2 mins read

This corner of the stock market is set to outperform once the Fed starts cutting interest rates, Goldman Sachs says

Mid-caps are poised to outperform after rate cuts with lower valuations than large-caps and stronge…

Kelly Cloonan   


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2 mins read

Investors and economists are getting worried about more bank failures as interest rates stay high

High interest rates are "corrosive" to the economy, Mark Zandi said, while others fear the impact o…

Jennifer Sor   


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2 mins read

The US government is paying $2 million of interest a minute as rates stay high

The surge in interest payments has led to some paradoxical thinking on Wall Street about how exactl…

Matthew Fox   


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2 mins read

Mike Lynch's sunken superyacht may contain safes with highly classified intelligence inside: reports

Heightened security has been requested around the wreck of Mike Lynch's sunken superyacht, the Baye…

Mia Jankowicz   


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2 mins read

Here’s how one can use the avalanche method to pay off lingering debts

One of the best debt payment strategies is known as the avalanche method. The process is simple. Yo…

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3 mins read

With markets hitting all-time highs, how should you position yourself as an mutual fund investor?

Per Goldman Sach's India strategy, companies operating in the auto, chemicals, real estate, FMCG an…

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2 mins read

Budget 2024-25: Govt announces transit-oriented development plan for large cities

The government on Tuesday proposed a transit-oriented development plan for 14 large cities with a p…

PTI   


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3 mins read

Budget 2024: More affordable housing, lowered rent TDS — here’s what will change for the housing sector this year

Union Budget 2024 delivers massive boost with 3 crore affordable houses and tax cuts. Here's all th…

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5 mins read

Indian markets surging to all time highs today: What's happening post Fed decision?

The BSE Sensex surged by 1,400 points to close at 84,544.31, while Nifty rose over 1% to 25,790.95.…