January 10, 2023 1:30 am
The 30-share BSE Sensex ended at 60,747.31, up 1.41 per cent, or 846.94 points. It had touched an intraday high of 60,889.41, or 1.65 per cent, or 989 points. The broader NSE Nifty climbed 1.35 per cent, or 241.75 points, to end at 18,101.2.
December 15, 2022 10:40 pm
Recent data indicates that the sharp slowdown in the advanced economies is already beginning to impact India’s export and industrial performance. Policymakers in India must be aware of the risks to growth and macroeconomic stability as they attempt to steer the economy through this uncertain period.
December 15, 2022 10:34 am
He described the slow rate of economic growth penciled in by Fed officials next year as still "modest."
December 01, 2022 11:07 am
In an hour-long session of prepared remarks and questions at the Brookings Institution think tank - his last scheduled appearance before the central bank's next meeting in two weeks - Powell gave a short-term message that sent markets soaring
November 02, 2022 11:07 am
The Federal Open Market Committee will raise rates by 75 basis points for a fourth consecutive meeting when policymakers announce their decision at 2 p.m. in Washington Wednesday, the survey found.
September 22, 2022 10:34 pm
With Fed hiking rates, dollar strengthening and current account deficit deteriorating, RBI should allow currency to adjust
September 23, 2022 3:14 am
Experts said that after the Fed action, the dollar index can see a significant increase and major market currencies, including the rupee, will be under pressure.
September 21, 2022 11:44 pm
The Fed’s move boosted its benchmark short-term rate, which affects many consumer and business loans, to a range of 3% to 3.25%, the highest level since early 2008.
September 19, 2022 10:53 am
With markets reeling from last week's robust inflation number, interest rate futures late Friday were pricing in a roughly 20% chance that the Fed will raise rates by 100 basis points at its Sept 21 meeting. That number was all but unthinkable earlier this month, when the market was debating whether the move would be 50 or 75 basis points.
September 18, 2022 1:08 am
Downside risks to growth will persist insofar as India is integrated with the rest of the world, the Department of Economic Affairs under the Finance Ministry said in its report