us federal reserve

MUMBAI: More pointers are coming from the Reserve Bank of India on the likelihood of another rate hike early next month when the monetary policy committee hold its bi-monthly meeting to decide on rates.The state of the economy report…

NEW YORK: Wall Street stocks overcame early weakness to end higher Monday on hopes that turmoil in the banking sector may be easing, after Switzerland's largest bank UBS agreed to a takeover of troubled rival Credit Suisse.Switzerland was…

It's not particularly a conducive time to be a market strategist who has to decipher what's in store for investors. Her take on where the market is headed in the near-future is as credible as the outcome of a single flip of a coin. The…

Gold closed the week with a humongous gain of nearly 7% at $1989.34 as, globally, investors become increasingly concerned about the stability of the financial system due to the shaky and fragile looking banking sector.With the closures of…

MUMBAI: The rupee declined by 25 paise to 82.62 (provisional) against the US dollar on Wednesday amid a strong greenback against major currencies overseas and unabated foreign fund outflows.Traders said negative sentiment in the domestic…

MUMBAI: The sensex fell for the fourth consecutive session, closing at a 5-month low of 57,900, down 0. 6% or 338 points on Tuesday. The index has lost nearly 2,450 points, or 4%, in 4 sessions mainly on the back of fears about a rate hike…

NEW DELHI: Domestic equity investors' wealth eroded by more than Rs 4.43 lakh crore on Monday as fears of a financial contagion triggered by one of the biggest bank failures in the US roiled market sentiments.After a strong opening, Indian…

KOLKATA: The RBI should 'pause and think' if it can continue mirroring the US Federal Reserve 'stroke-by-stroke' in terms of rate hikes or decouple from the American central bank, SBI group chief economic adviser Soumya Kanti Ghosh…

MUMBAI: After five consecutive sessions of one-way gain for all the 10 Adani Group stocks, four scrips closed lower on Thursday with flagship Adani Enterprise leading the pack of laggards. Four stocks from the group also closed at their…

US banks are being forced to do something they haven't done for 15 years: fight for deposits. After years of earning next to nothing, depositors are discovering a trove of higher-yielding options like Treasury bills and money market funds…