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India likely to grow at 7.2% in FY25, says RBI deputy governor

India's rising working-age population and digital advancements are pivotal in this growth.

PTI   


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3 mins read

RBI's monetary policy committee meeting begins today, announcement on October 9

The Reserve Bank of India (RBI) is set to begin its three-day monetary policy meeting on Monday and…

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Potential Trump win could bolster dollar that could impact India, but RBI to stay focused on India’s needs: Barclays Report

This potential shift has raised concerns for some central banks in emerging markets across Asia, wh…

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In the long run, rate cut by Fed will be favourable for most US banks: Moody's

"Initially, the rate cuts will be credit negative for most US banks. We expect their deposit costs …

ANI   


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AOC and progressive allies want the federal government to build over a million homes. Even YIMBYs don't think it's a good idea.

Housing policy experts say a Democratic effort to get the federal government to build 'social housi…

Eliza Relman   


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Fast cross-border payments to make it difficult to check money laundering, terror funding: Fed official

The US Fed official overseeing payment systems said slowing down the speed at which payments are cl…

PTI   


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Gold prices hit record high, could reach ₹78,000 per 10 grams in coming weeks

Gold prices reached a historic high on September 24, driven by global economic conditions and geopo…

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3 mins read

A new housing plan wants to give middle-class Americans the kind of support typically reserved for low-income households

The HOMES Act would cap rent at 25% of tenants' incomes, and offer homebuyers affordable mortgages.

Eliza Relman,Juliana Kaplan   


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4 mins read

RBI likely to keep interest rate unchanged at 6.5%, say experts

Reserve Bank of India (RBI) is likely to keep the key interest unchanged at 6.5% on Thursday, and w…

PTI   


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8 mins read

America is entering a new 'economic supercycle'

The US economy is entering a bold new era that economists say will feature more inflation, more gro…

Linette Lopez   


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2 mins read

RBI MPC announcement today: Rates unlikely to change, RBI may change stance to neutral

The Reserve Bank of India (RBI) is set to conclude the three-day Monetary Policy Committee (MPC) me…

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1 min read

New York Fed chief says it's time to lower rates with inflation cooling and the labor market slowing

Following the August jobs report, John Williams said the economy is "now in equipoise," with easing…

Kelly Cloonan   


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4 mins read

Status-quo on interest rate likely, say experts ahead of RBI's policy review

The Reserve Bank of India is expected to maintain the current repo rate at 6.5% in its upcoming pol…

PTI   


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Indian markets under pressure as global rate cuts stir uncertainty, new report says

Indian markets experienced volatility as global economic shifts and political developments impacted…

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Sensex soars to 84,928, Nifty settles at 25,939 as stock market closes at all-time high

The stock market closed in the green, with benchmark indices hitting new all-time highs at the end …

ANI   


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5 mins read

4 ways Trump's housing plans are expected to hurt homebuyers and 3 ways they could help

Trump has pledged to lower housing costs, but industry leaders and economists are worried some of h…

Eliza Relman   


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2 mins read

A lone dissenting vote on the Fed's rate cut marks the first split by a central bank governor in 2 decades

The Fed's decision to cut rates by 50 basis points garnered support from 11 of 12 voting members, w…

Kelly Cloonan   


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3 mins read

There's a new reason people feel bad about the economy

The vibes are officially bad once again. Just ask anyone trying to find a job.

Juliana Kaplan   


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Billionaire investor Stanley Druckenmiller says the Fed may have declared victory on inflation too early

"I'm a little worried that the Fed has declared victory too early," the billionaire investor said o…

Filip De Mott   


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Fed cuts rates again, but Trump's tariff plan sparks inflation fears and market uncertainty

The Federal Reserve cut interest rates by 25 basis points. But Trump's tariff proposals raise conce…

Dan DeFrancesco