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Business  /  Published 27.09.22

Rupee sinks to new low on global cues

The rupee tumbled to a record low of 81.62 against the US dollar and the Sensex, the stock market’s bellwether index, sank 953.70 points as various assets continued to be pounded by concerns of ...
By Our Special Correspondent in Mumbai

Business  /  Published 23.09.22

Rupee sinks to all-time low of 80.87

The rupee nosedived 90 paise to close at an all-time low of 80.87 against the dollar — with the forex market spooked by the likelihood of more rate hikes by the US Federal Reserve till inflation...
By Our Special Correspondent in Mumbai

Business  /  Published 22.09.22

Swiss bank announces big rate hike

Switzerland's central bank carried out the biggest hike ever to its key interest rate on Thursday, following the US Federal Reserve and other central banks around the world in aggressive moves to ...
By PTI

Business  /  Published 21.09.22

Markets discount Fed move

Businesses need to be prepared for the possibilities of a continued or higher inflation and deflation of commodity prices in the next 2-3 years, Hindustan Unilever CEO and MD Sanjiv Mehta said on Tues...
By Our Special Correspondent in Mumbai

Business  /  Published 18.09.22

Fed interest rate decision to drive markets

Equity markets will be driven by the outcome of the US Federal Reserve's interest rate decision this week, analysts said. Moreover, equity benchmarks will also continue to be guided by foreign fu...
By PTI in New Delhi

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Business  /  Published 15.09.22

Big Fed rate hike fear spooks stocks

World stocks were stuck in a sea of red on Wednesday as markets braced for an even more aggressive US Federal Reserve to tame inflation, and the yen jumped as Japan gave its strongest signal yet that ...
By Reuters in London

Business  /  Published 04.09.22

FPI inflows highest ever

Foreign investors have pumped in a little over Rs 51,200 crore into the Indian equity markets in August, making it the highest inflow in 20 months, amid improving risk sentiment and stabilisation in o...
By PTI in New Delhi

Business  /  Published 30.08.22

Hawkish Fed call hits stocks

Equity markets buckled under selling pressure on Monday as an intense sell-off emerged following hawkish comments from the US Federal Reserve that knocked 861 points off the benchmark index and Rs 2.3...
By Our Special Correspondent in Mumbai

Business  /  Published 26.08.22

Watch on rate cue at Jackson Hole

The most anticipated economic event of the summer is set to happen on Friday, when Jerome H. Powell, the Federal Reserve chair, provides an update on the economic outlook that could detail how the cen...
By Jeanna Smialek in New York

Business  /  Published 23.08.22

US Federal Reserve puts markets on edge

The Sensex on Monday sank 872 points following a global selloff on renewed concerns over growth and interest rate hikes by central banks. The 30-share BSE index ended in the red for the second consecu...
By Our Special Correspondent in Mumbai


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