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Indias GDP growth forecast for the current fiscal to 7 per cent from 7.4 per cent.

Global economy has peaked; trade war torpedoes optimism: reports

The Fed is expected to plough ahead as planned with two more rate hikes this year and two next year.

26 July 2018 5:39 AM

President and Chief Executive Officer of the Federal Reserve Bank of Atlanta Raphael W. Bostic. (Photo: AP)

Fed rate hike, rate cut both 'on the table': Raphael Bostic

The Fed has become increasingly worried about meeting its 2 per cent inflation target.

23 March 2019 8:00 AM

Federal Reserve Chairman Jerome Powell. (Photo: AP)

Fed likely to keep interest rates on hold, focus on balance sheet

Fed is expected to soon decide how much longer it will continue its current practice of buying USD 60 billion a month in...

29 Jan 2020 7:35 AM

Asian markets rallied again and oil prices built on the previous days surge. (AFP Photo)

Asian stocks rise on hopes for drug to treat coronavirus

Top US expert Anthony Fauci's said that remdesivir "has a clear-cut, significant, positive effect in diminishing the...

30 April 2020 7:26 AM

The government has proposed a penal tax rate of 50 per cent to incentivise black money hoarders to switch to formal economy.

FPI stance continues; net outflow at Rs 19,500 cr

Net withdrawal by foreign portfolio investors (FPIs) from equities stood at Rs 1,142 crore this month.

18 Dec 2016 6:31 AM

A ban on gold imports would also lead to large-scale unemployment as this sector has a huge workforce, with most of them on contract.

Gold maintained its losing streak for the fifth week

Standard gold shed a whopping 8.84 per cent in its fifth week downslide, or Rs 2,625.00 per 10 grams.

10 Dec 2016 9:34 AM

Forex dealers said the dollars weakness against some currencies overseas led to the rupee upmove.

Rupee up 11 paise against dollar ahead of Fed meet

Rupee is trading at 67.43 against the US dollar.

14 Dec 2016 1:31 PM

The government has proposed a penal tax rate of 50 per cent to incentivise black money hoarders to switch to formal economy.

Fed expected to raise rates for first time in a year

The move would bring the rate from 0.5 per cent to 0.75 per cent, likely nudging up the cost of some consumer and...

14 Dec 2016 10:35 AM