Ajit Mishra of Religare Broking says, “Despite weak global cues, markets are displaying resilience." (AI image) Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, ended in…
European Central Bank (Photo-AP) The European central bank (ECB) reduced interest rates by 25 basis point on Thursday, aiming to stimulate economic activity as the eurozone grapples with sluggish growth.…
MUMBAI: RBI governor Sanjay Malhotraassured markets that the central bank would provide all the liquidity required to ensure that interest rates are passed on. In his first media interaction, he…
The Federal Reserve kept its benchmark lending rate unchanged at between 4.25 percent and 4.50 percent on Wednesday, despite pressure from President Trump for further cuts in the first rate…
MUMBAI: Despite growth numbers coming in sharply lower and all-round calls for reduction in interest rates to support growth, the monetary policy committee (MPC) will find reducing rates a challenge.Lower-than-expected…
WASHINGTON: US consumer prices increased as expected in October, and progress towards low inflation has slowed since mid-year, which could result in fewer interest rate cuts from the Federal Reserve…
The US economy expanded at a robust pace in the third quarter as household purchases accelerated ahead of the election and the federal govt ramped up defence spending. Inflation-adjusted GDP…
WASHINGTON: The US economy grew at a healthy 2.8% annual rate from July through September, with consumers helping drive growth despite the weight of still-high interest rates. Wednesday's report from…
MUMBAI: The central bank's projections indicate that inflation will moderate after remaining high in October, RBI governor Shaktikanta Das has said, while cautioning that geopolitical risks and weather events pose…
Das has repeatedly said the RBI wants to see inflation settling around the 4% target level on a durable basis before considering a cut. India’s central bank governor Shaktikanta Das…