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Federal Reserve
Business  /  Published 29.06.22

It’s down, down, down for the rupee

The rupee has crashed past 79 to the dollar to hit a fresh all-time low and analysts say the currency has further to fall as it reels from a continued selloff in equity markets and high crude oil pric...
By Paran Balakrishnan

Business  /  Published 17.06.22

Scramble to raise rates in Europe

Central banks across Europe raised interest rates on Thursday, some by amounts that shocked markets, and hinted at even higher borrowing costs to come to tame soaring inflation that is eroding savings...
By Reuters in Bern

Business  /  Published 17.06.22

US recession fears drive down stocks

A dovish commentary from the US Federal Reserve could not prevent another blowout on the stock markets with benchmark indices hitting fresh 52-week lows on concerns over a recession in the US. The Se...
By Our Special Correspondent in Mumbai

Business  /  Published 16.06.22

Sensex falls 1,046 pts

Equity indices faced heavy drubbing on Thursday after an initial rally, with the Sensex tanking 1,045.60 points amid a largely bearish trend overseas after the US Federal Reserve hiked rates by 75 bas...
By Our Bureau, PTI in Mumbai

Business  /  Published 16.06.22

US: highest rate hike since 1994

The US Federal Reserve has raised interest rates by three-quarters of a percentage point on Wednesday, its biggest move since 1994, as the central bank ramps up its efforts to tackle the fastest infla...
By Jeanna Smialek in New York

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Business  /  Published 16.06.22

Rupee at new low of 78.07

The rupee on Wednesday closed at a new all-time low of 78.07 against the US dollar amid tepid equity markets and persistent foreign fund outflows, even as participants nervously eyed an interest rate ...
By Our Special Correspondent in Mumbai

Opinion  /  Published 14.06.22

Binary equation

Has the macroeconomic configuration turned binary? With inflation occupying centre stage, the choice seems fast splitting between stability and growth. Can the former be secured without compromising t...
By Renu Kohli

Business  /  Published 14.06.22

Fed rate hike fears singe Sensex

Fears of rising inflation and interest rates led to another bloodbath on the stock markets with the Sensex plummeting 1457 points as investor wealth shrank by Rs 6.65 lakh crore. The meltdown on Mond...
By Our Special Correspondent in Mumbai

Business  /  Published 17.05.22

Stagflation fear in US, China shaky

US and China are feared to be experiencing an economic seizure. While the twin clouds of recession and stagflation are hovering over the US, China is enveloped by a renewed Covid crisis. The two econ...
By Andrew Ross Sorkin in New York

Business  /  Published 12.05.22

Inflation rocks US, Germany

Inflation in economic powerhouses US, Germany and China have shown mixed trends with signs of abatement in the US countered by rising trends in the other two countries. US inflation data released on W...
By Reuters in New York


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