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30 Sep 2024

Gold Remains Flat At Rs 78,300/10g; Silver Plummets Rs 2,000

In the Asian trading hours, Comex gold was trading 0.06 per cent higher at USD 2,669.60 per ounce.

22 May 2024

India To Gain As Global Oil Prices Decline Despite Geopolitical Tensions

Russia has now emerged as the largest supplier of crude oil to India replacing Iraq and Saudi Arabia which occupied the top slot earlier.

21 Mar 2024

Rupee Rebounds 14 Paise To 83.05 Vs Dollar As US Fed Indicates 3 Rate Cuts

The Indian currency gained strength as the US Federal Reserve indicated three rate cuts this year despite sticky inflation.

18 Mar 2024

Stock Markets Close Higher In Volatile Trade Ahead Of Key Fed Policy Meeting

Reliance Industries which rebounded more than 1.5 per cent from the day's low was the major contributor to Sensex and Nifty gains.

US Federal Reserve

01 Feb 2024

US Fed Leaves Policy Rate Unchanged For Fourth Straight Time

The US monetary policy committee in its statement said that the recent indicators suggested that economic activity has been expanding at a solid pace.

07 Oct 2022

Rupee falls 16 paise to all-time low of 82.33 against US dollar in early trade

Indian Rupee falls all time low of 82.33 against US dollars on Friday. Indian currency for the first time closed below the 82 level against the greenback. Global oil benchmark Brent crude futures fell 0.10 per cent to USD 94.33 per barrel.

28 Sep 2022

Indian Rupee hits all-time low of 81.90 after falling 37 paise on Wednesday

Indian rupee weakened by 37 paise to hit a new all-time closing low of 81.90. Indian rupee has weakened sharply in recent days largely due to a strengthening of the US dollar. US Federal Reserve had raised the repo rate by 75 basis points.

US Federal Reserve

28 Jul 2022

Sensex soars 1,041 points, Nifty nears 17,000 as bulls regain footing

The 30-share BSE benchmark jumped 1,041.47 points or 1.87 per cent to settle at 56,857.79. During the day, it rallied 1,097.9 points or 1.96 per cent to 56,914.22.

US Federal Reserve

11 Jun 2020

Fed Reserve sees interest rates dropping near 0 till 2022 to tackle COVID-19

The US Federal Reserve on Wednesday (June 10) held interest rates near zero and dropped hints that it would maintain that level until the end of 2022 to check the damage caused to the US economy due to coronavirus COVID-19 pandemic.

US Federal Reserve

20 Jun 2019

US Fed holds rates steady, signals cuts possible later this year

While new economic projections showed policymakers` views of growth and unemployment largely unchanged, they saw headline inflation at just 1.5 percent for the year, down from the 1.8 percent projected in March.

US Federal Reserve

20 Dec 2018

US Fed raises lending rates for 4th time this year, defies Prez Trump

According to Federal Reserve Chairman Jerome Powell, the world's largest economy continued to strengthen this year, roughly in line with expectations.

US Federal Reserve

27 Sep 2018

US Fed raises interest rates, sees at least three more years of growth

The US central bank still foresees another rate hike in December, three more next year, and one increase in 2020.

22 Mar 2018

Sensex breaks 2-day rally, falls 130 points; Nifty a tad above 10,100

The 30-share Sensex opened higher at 33,206.99 and advanced to hit a high of 33,281.77 in early trade.

19 Mar 2018

Sensex extends slide for 5th day, tanks 253 points, Nifty below 10,100

According to market observers, investors were cautious ahead of the US Federal Reserve's meet on March 20-21.

22 Feb 2018

Market still on slippery ground; inflation concerns linger on

The Sensex after resuming lower at 33,817.09 fell further to hit a low of 33,691.42 intra-day on foreign fund outflows.

US Federal Reserve

12 Dec 2017

US Fed opens policy meeting; interest rate hike likely

It would be the third rate hike this year, and possibly the final time Federal Reserve Chair Janet Yellen presides over a policy move since President Donald Trump has opted to replace her in February.

12 Dec 2017

Gold price hits 4-month low, plunges by Rs 180 to Rs 29,400 per 10 grams

In the national capital, gold of 99.9 percent and 99.5 percent purity tumbled by Rs 180 each to Rs 29,400 and Rs 29,250 per 10 grams, the lowest since August 5.

12 Dec 2017

Sensex falls 228 points, ends below 33,300-mark

The broader Nifty too settled below the key 10,300-level, down 82.10 points, or 0.80 percent, at 10,240.15.

29 Nov 2017

US third quarter growth fastest in three years at 3.3%

The six months from April to October saw the fastest economic expansion since the same period in 2014, when GDP grew by an average of 4.9 percent.

US Federal Reserve

28 Nov 2017

Fed chair nominee Powell pledges to 'respond decisively' to economic threats

During Powell's time as a governor the Fed has regularly come under the criticism of Republican lawmakers worried that the central bank`s bondbuying and other crisis response programs created risks to the financial system, and that central bankers had accumulated too much discretionary power.

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