[ad_1] Foreign exchange reserves were down for a seventh continuous week, dropping to $545.65 billion on September 16. Foreign exchange reserves were down for a seventh continuous week, dropping to $545.65 billion on September 16. Economic Affairs Secretary Ajay Seth on Tuesday dismissed the concerns over the depletion of forex reserve as “overblown” and said […]
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[ad_1] U.S. Fed hiked interest rates by 75 basis points to 3-3.25% U.S. Fed hiked interest rates by 75 basis points to 3-3.25% The rupee plunged 90 paise to close at an all-time low of 80.86 (provisional) against the United States dollar on Thursday after the U.S. Federal Reserve’s interest rate hike and its hawkish […]
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[ad_1] Equity indices ended lower on Wednesday amid mixed global market trends ahead of the keenly awaited United States Fed interest rate decision. The 30-share BSE Sensex fell 262.96 points or 0.44% to settle at 59,456.78. During the day, it tanked 444.34 points or 0.74% to 59,275.40. The NSE Nifty went lower by 97.90 points […]
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[ad_1] FSDC is the apex body of sectoral regulators, headed by the Union Finance Minister FSDC is the apex body of sectoral regulators, headed by the Union Finance Minister Finance Minister Nirmala Sitharaman will review the state of the economy amid global and domestic challenges at a meeting of the Financial Stability and Development Council […]
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[ad_1] Benchmark BSE Sensex and Nifty soared over 2.5% to log their best single-day gain in more than three months on Tuesday driven by value buying in banking, IT and oil stocks amid mixed global cues. The 30-share Sensex jumped 1,564.45 points or 2.70% to settle at more than one-week high of 59,537.07. During the […]
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[ad_1] Over the weekend the American central bank indicated quicker tightening than expected — this makes emerging market economies, especially low-income ones, vulnerable Over the weekend the American central bank indicated quicker tightening than expected — this makes emerging market economies, especially low-income ones, vulnerable High inflation has become a headache for the U.S. economy. […]
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[ad_1] The U.S. economy shrank from April through June for a second straight quarter, contracting at a 0.9% annual pace and raising fears that the nation may be approaching a recession The U.S. economy shrank from April through June for a second straight quarter, contracting at a 0.9% annual pace and raising fears that the […]
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[ad_1] Equity market indices in India lost 2% on Thursday following the U.S. Federal Reserve increasing key rates by 75 basis points to deal with high inflation. The S&P BSE Sensex lost 1,045.6, or 1.99%, to a 52-week low of 51,495.79. Stocks that declined the most include Tata Steel (6.04%), Tech Mahindra (4.37%), Bharti Airtel […]
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[ad_1] PM Modi leaves for home after concluding three-nation European tour Prime Minister Narendra Modi left for home on Thursday, May 5, 2022, after concluding his three-nation European tour during which he held a series of bilateral meetings to boost ties in a range of areas including trade, energy and green technology. Fed raises key rate by […]
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[ad_1] The Federal Reserve intensified its drive to curb the worst inflation in 40 years by raising its benchmark short-term interest rate by an sizable half-percentage point The Federal Reserve intensified its drive to curb the worst inflation in 40 years by raising its benchmark short-term interest rate by an sizable half-percentage point The Federal Reserve intensified […]
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