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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 05.05.22

RBI scurries to up rate

The RBI stunned the street on Wednesday after an unscheduled meeting raised the policy repo rate by 40 basis points to 4.40 per cent in a fire-fighting measure to tamp down on inflation which shot up ...
By Our Bureau in Mumbai

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Business  /  Published 05.05.22

Krishna on board of NY Fed

IBM chairman and chief executive officer Arvind Krishna has been elected to the board of directors of the Federal Reserve Bank of New York. The Federal Reserve Bank of New York on Monday announced th...
By PTI in New York

Business  /  Published 05.05.22

US Fed rate up 50 basis points

The US Federal Reserve on Wednesday raised its benchmark overnight interest rate by half a percentage point, the biggest jump in 22 years, and said it would begin trimming its bond holdings next month...
By Reuters in Washington

Business  /  Published 03.05.22

Dollar nears 20-year high

The dollar rose back towards a 20-year high on Monday as the euro struggled around the $1.05 mark, with investors preparing for a busy week of central bank meetings including a likely Federal Reserve ...
By Reuters in London

Business  /  Published 03.05.22

Markets wobble

Equities remained wobbly at the start of the week — weighed down by the upcoming meeting of the US Federal Reserve that may lead to a hike in the interest rate by half a percentage point to coun...
By Reuters in Mumbai

Business  /  Published 22.04.22

Fed rate: Indian shares fall over 1%

Indian shares fell more than 1% on Friday, dragged by losses across the board, as global sentiment soured after the U.S. Federal Reserve hinted at an increasingly aggressive rate hike amid concerns ab...
By Reuters in Bengaluru


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