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The AI boom is turning traditional economics on its head as tech giants boost spending despite high interest rates
The effect of tighter monetary policy from the Fed has been "much weaker than usual," Apollo econom…
Matthew Fox
Sensex, Nifty surge on rally in US markets, foreign fund inflows
The NSE Nifty soared 187.45 points or 0.76 % to 25,010.60. Among the 30 Sensex firms, HCL Technolog…
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
RBI can't ignore food inflation while setting rates, will wait for NSO to review CPI weightage: Das
"The MPC (monetary policy committee) may look through high food inflation if it is transitory; …
PTI
Interest rates remain steady once again — but it's likely the Fed will cut rates in September
The Federal Reserve held interest rates steady in its July meeting as pressure mounts on the centra…
Ayelet Sheffey
Market salutes Modi's third term: Sensex-Nifty open at all-time high
Indian stock indices continued their uptrend from the past week and opened at fresh record highs at…
ANI
Election fever? Equities and SIP inflows mark record highs in May, per AMFI data
The Indian mutual fund industry continued to register strong growth in fund inflows during May 2024…
Wall Street knows interest rate cuts are coming. What matters is how big they'll be.
Federal Reserve Chair Jerome Powell will deliver his biggest speech of the year at Jackson Hole. Wa…
Ayelet Sheffey
Inflation spikes in June 2024 due to high food prices; Likely to affect RBI’s decision on interest rate
Indian retail inflation rises to 5.08% in June, driven by a spike in food prices. Food price inflat…
GST Council tweaks tax rates; Waives interest, penalty on tax dues for first 3 years of rollout
The GST Council on Saturday decided to tweak tax rates on items, including accommodation services f…
PTI
Should you invest your money in an FD at high interest rates now?
Last Friday, the Reserve Bank of India (RBI) kept the repo rates unchanged seventh time in a row at…
Interest rates are still sky-high — but companies aren't feeling the squeeze
Businesses haven't found it this easy to borrow cash since 2022, according to a Chicago Fed gauge o…
George Glover
China slashes interest rates in a surprise move to boost its slumping economy
China cut several short- and long-term interest rates on Monday as its economy grapples with slower…
Kelly Cloonan
Elizabeth Warren says Jerome Powell needs to come back from vacation and cut interest rates now
Sen. Elizabeth Warren criticized Federal Reserve Chair Jerome Powell for delaying interest-rate cut…
Lloyd Lee
Lower interest rates could be coming soon. Here's what's at stake if they aren't.
Interest rate cuts could finally come this year. Economists explained the benefits of rate cuts and…
Madison Hoff,Ayelet Sheffey
S&P retains India's FY'25 GDP growth estimate at 6.8%
"We expect growth to moderate to 6.8 per cent this fiscal year, with high interest rates and lo…
PTI
Smile for success: Airbnb hosts with smiling profile photos get more bookings, even for properties in high-crime areas!
The findings show that smiling Airbnb hosts, particularly those with higher listing uncertainties, …
Investors and economists are getting worried about more bank failures as interest rates stay high
High interest rates are "corrosive" to the economy, Mark Zandi said, while others fear the impact o…
Jennifer Sor
The US government is paying $2 million of interest a minute as rates stay high
The surge in interest payments has led to some paradoxical thinking on Wall Street about how exactl…
Matthew Fox
Sensex, Nifty scale fresh peaks as inflation cools off; Heavy buying in capital goods aids indices
Equity benchmark indices Sensex and Nifty hit their fresh record levels on Thursday after lower inf…