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Fed trims interest rates by 50 basis points, gold prices touch record-high

Per chairman Jerome Powell, the decision was taken in light of easing inflationary pressures in the…

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Sensex down by over 900 points, Nifty tanks 300 points ahead of US election results

Clearly, the markets are on tenterhooks ahead of the US presidential election results due tomorrow …

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Zomato's net profit jumps 389% YoY, board approves Rs 8,500 crore fund-raise proposal

Ahead of the IPO of rival food and grocery delivery competitor Swiggy, Zomato's board also approved…

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Fitch expects RBI to cut interest rates by 75 basis points in FY25

The Indian central bank is expected to cut interest rates to the tune of 75 basis points in FY25, b…

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Falling steel prices amid Chinese export surge, to reduce profits of companies in Q3 FY25: Report

Steel companies in the country are likely to face margin pressure in the third quarter of FY25 as m…

ANI   


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RBI’s Monetary Policy Committee keeps repo rate unchanged at 6.5%, for now

The Reserve Bank of India’s Monetary Policy Committee (MPC) kept the policy repo rate unchanged at …

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US Fed cuts interest rates by 25 bps, Powell notes Trump's victory to have no impact on policy decisions

The US Federal Reserve cut interest rates for the second time this year, lowering them to 4.5-4.75%…

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As Fed resumes rate hike, market watchers say RBI policy unlikely to be affected

The United States Federal Reserve raised its benchmark interest rate by 25 basis points on Wednesda…

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These 3 indicators are pointing to a healthy labor market similar to the pre-pandemic boom, according to Goldman Sachs

Investors shouldn't be anxious about the labor market preventing a soft landing, says Goldman's Jos…

Christine Ji   


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Stock market today: Dow jumps 484 points as US stocks rebound ahead of key inflation report

The August CPI report set to be released on Wednesday could influence whether the Fed cuts rates by…

Matthew Fox   


William Edwards   


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Indian markets open at record high, Sensex above 83,000 and Nifty above 25,400

Indian stock markets opened at new highs on Friday, with the Nifty 50 and Sensex indices continuing…

ANI   


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Stock market today: Dow soars 555 points as strong economic data calms recession worries

Indexes rose Thursday as investors reacted to a surprisingly strong increase in retail sales and lo…

Kelly Cloonan   


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Stock market today: Dow soars 654 points as traders celebrate inflation data

Stocks snapped a three-day streak of losses after June's inflation data came in line with expectati…

Filip De Mott   


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Budget import duty cut will boost gold jewellery retailers' revenues by 22-25% this fiscal, notes CRISIL report

The organised jewellery sector, which accounts for just over a third of the overall market, is pois…

ANI   


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Stock market closing: Sensex, Nifty close the week in red, Sensex tumbles over 800 points

Divis Labs (up by 1.74%), HDFC Bank (up by 1.17%), Dr Reddy (up by 0.84%), Sun Pharma (up by 0.80%)…

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HDFC hikes its benchmark lending rate by 25 basis points

Housing Development Finance Corp Ltd hiked its benchmark lending rate by 25 basis points, with effe…