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Business  /  Published 14.12.21

BSE Sensex crashes 503 points

The BSE Sensex crashed 503 points on Monday after early gains as investors appeared to be weighed down by the outcome of US Federal Reserve meet this week and India's retail inflation print that w...
By Our Special Correspondent in Mumbai

Business  /  Published 11.12.21

US inflation hits 40-year high

Inflation in the US surged to a 40-year high at 6.8 per cent in November, putting immediate pressure on the Federal Reserve to roll back its pandemic-era stimulus when its policy makers meet next week...
By Our Bureau, New York Times News Service , Agencies in New York

Business  /  Published 02.12.21

Fed chief wary of inflation

US central bankers in December will discuss whether to end their bond purchases (taper) a few months earlier than had been anticipated, Federal Reserve chair Jerome Powell said on Tuesday, pointing to...
By Reuters in New York

Business  /  Published 26.11.21

Fast taper plan in Jan

The US Federal Reserve will likely double the pace of tapering its monthly bond purchases from January to $30 billion, and wind down its pandemic-era bond buying scheme by mid-March, Goldman Sachs str...
By Reuters in London

Business  /  Published 23.11.21

Powell gets second term as Fed chief

President Joe Biden announced Monday that he’s nominating Jerome Powell for a second four-year term as Federal Reserve chair, endorsing Powell’s stewardship of the economy through a brutal...
By AP via PTI in Washington

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Business  /  Published 12.11.21

US inflation rattles investors

The Sensex slipped below the 60000 mark, joining other Asian markets as investors worldwide fear an impending liquidity squeeze by central banks such as the US Fed because of rising inflation. The 30...
By Our Special Correspondent in Mumbai

Business  /  Published 07.09.21

Sensex hits new peak

Equity indices ticked higher to fresh lifetime peaks for the third straight session on Monday, riding on robust gains in Reliance Industries and IT stocks amid a firm trend overseas.  The 30-sha...
By PTI in Mumbai

Business  /  Published 28.08.21

Fed hints at early taper

The Federal Reserve will start dialing back its ultra-low-rate policies this year as long as hiring continues to improve, chair Jerome Powell said Friday, signaling the beginning of the end of the Fed...
By AP in Washington

Business  /  Published 22.06.21

Rupee at 8-week low of 74.10

The rupee on Monday slumped to its lowest level in nearly eight weeks, shedding 24 paise to close at 74.10 to the dollar as participants turned cautious, apprehending foreign fund outflows after hawki...
By The Telegraph in Mumbai

Business  /  Published 05.03.21

Fed unlikely to raise rates

US Federal Reserve chairman Jerome Powell on Thursday said US interest rate are unlikely to be raised from its current near zero levels until the US economy recovers to ensure maximum employment and a...
By Our Bureau in Mumbai


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