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Federal Reserve Chair Janet Yellen

US Fed raises key interest rate to 1.0-1.25 per cent

Fed signals another increase likely this year, despite recent spate of weak economic data.

15 Jun 2017 9:17 AM IST

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 12:01 PM IST

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 4:05 PM IST