us fed

 

Not so fast: Global inflation may take a while to stir

Feb 16 2018

Global inflation is finally on the rise but the data do not yet point firmly to that conclusion, suggesting the financial crisis may linger for a while.

US import prices increase more than expected in January

Feb 16 2018

US import prices rose more than expected in Jan as the cost of imported petroleum and a range of other goods increased, which could boost inflation in the coming months.

'Chinese yuan to weaken if Fed sticks to policy tightening path'

Feb 14 2018

Yuan will erase most of its substantial gains so far in 2018 against the dollar, provided the US Federal Reserve delivers at least three interest rate hikes .

Block crude oil from Trump offshore drilling plan: California

Feb 08 2018

California will block the transportation through its state of petroleum from new offshore oil rigs, a move meant to hobble the Trump administration’s effort.

Expert Views: RBI keeps repo rate on hold, stance as 'neutral'

Feb 07 2018

The RBI kept its key repo rate at 6 pc, and also retained its “neutral” stance, seeking to support economic growth even as inflation has accelerated to a 17-month high.

RBI keeps policy rate unchanged; flags inflation, deficit

Feb 07 2018

The Reserve Bank opted for the widely expected status quo in key rates citing inflation concerns and flagged risks from wider fiscal deficit.

Long-awaited market correction finally in full swing

Feb 06 2018

The correction will continue to take place until equity returns balance out with bond yields. That should imply a sustained downward trend in the stock markets.

Jerome Powell sworn in as US Federal Reserve chief

Feb 06 2018

Jerome Powell took the oath of office on Monday as Chairman of the US Federal Reserve, succeeding Janet Yellen.

Bank of England at forefront of global rates dilemma

Feb 02 2018

The Bank of England will find itself facing a question next week that is set to trouble many other central banks this year.

India Week Ahead (Jan 29-Feb 3): Union Budget to guide markets

Jan 29 2018

India market cooled off on Thursday for the week. Markets ended up with key indices gaining. Key events to look out for in the week ahead:

Indian Markets

 
  • SENSEX

    34,010.76 286.71   (-0.84 %)
  • NIFTY

    10,452.30 93.20   (-0.88 %)
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Global Markets

 

Stocks In News

 

US dollar ends higher against rupee

Mumbai: The US dollar ended sharply higher against the rupee at 64.21/22 per dollar and the pound sterling also finished higher at Rs 90.34/36 per pound at the close of the Interbank Foreign Exchange (forex) market here today.

Following are the Interbank forex and RBI rates: (In Rs per unit) Unit   Interbank   RBI Reference US Dollar  64.21/22  US Dollar  Rs 63.9097 Pound Sterling  90.34/36  Euro       Rs 80.1683 Euro   80.18/20 Japanese Yen (100) 60.50/52

(PTI)

HDFC

Approves Allotment Of 24.9 Mn Shares On Preferential Basis To 8 Investors

Approves Allotment Of 24.9 Mn Shares At Rs 1,726.05/Share

MAHINDRA & MAHINDRA

To invest in Zoomcar India, Zoomcar Inc, U.S.

To invest Rs 176 cr in Zoomcar India

Initial investment in Zoomcar India likely to be completed by Feb 20

Additional investment in Zoomcar India expected to be completed by Aug 31

Co’s stake to increase to 16%

RELIGARE ENTERPRISES

RBI inspection had found diversion of funds within group firms

Funds to the tune of Rs 525 cr given to intermediary borrowing cos

Religare Finvest increased corporate loan book against RBI’s directions

RBI has asked for clarity on rollover of fixed deposits with a bank

Findings suggested continued weakness of internal controls

Economic Times Reports

FORTIS HEALTH

SC Allows Sale Of Fortis Health Shares Pledged With Lenders

SC allows Axis Bank, Yes Bank to sell, transfer pledged share of Fortis

Earlier, SC had restrained financial institutions from selling pledged shares

Business Standard Reports

INDOCO REMEDIES

Granted European GMP certification from Hungarian regulators for Mfg plant at Goa

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