All Strange Things About India and world
The tumble came after European markets made timid gains ahead of the central bank’s rate decision. (File)New York: Wall Street stocks slumped Wednesday as the US Federal Reserve continued hiking…
The Fed’s latest statement no longer says that “ongoing increases” in rates will likely be appropriate.The Federal Reserve on Wednesday raised interest rates by a quarter of a percentage point,…
A stronger dollar makes gold more expensive for overseas buyers.(File)Gold prices fell on Thursday after U.S. Federal Reserve Chair Jerome Powell said more interest rate hikes would come next year.Spot…
US Fed further raises key interest rates in fight against inflationWashington: The US Federal Reserve has yet again raised key interest rates in its fight against red-hot inflation in the…
FAR bonds bore the brunt of a sell-off. (Representational)Mumbai: Foreign investors have sold Indian government debt worth nearly $500 million in the past two sessions, with the so-called FAR bonds…
Sterling eased 0.21% to $1.1448, but was still close to Tuesday’s high of $1.1500.(File)Tokyo: The dollar wallowed near a three-week low versus major peers on Wednesday as more signs of…
A look at where policymakers stand in the race to contain red-hot inflation.The Federal Reserve this week delivered its biggest interest rate rise in over a quarter of a century…
Rupee gains to break a 4-day weakening trendThe rupee edged up on Wednesday, helped by gains in domestic stocks, but runaway inflation concerns and the dollar’s strength are likely to…
The RBI has $600 billion of currency reserves to draw on to curb any sharp fall in rupeeAfter months of wild volatility in the rupee, India’s widening trade deficit and…