RBI likely to step up forex buying; rate cut on cards

New Delhi, Jun 15 The Reserve Bank is expected to step up forex buying and may go for a 25 basis points cut in interest rate on August 2, says a report.According to the US economists of global...

Jun 15, 2017 4:49 PM | Newsscroll

US Fed raises key rate to 1.0-1.25%, signals one more hike in

2017Washington, Jun 15 The US Federal Reserve has raised its benchmark interest rate by a quarter point to 1.0- 1.25 per cent and signaled another increase remains likely this year, despite the...

Jun 15, 2017 2:44 PM | Newsscroll

Considerable uncertainty over Trump fiscal stimulus plans: Fed

Washington, Apr 5 Policymakers at the Federal Reserve continue to see "considerable uncertainty" about the effects of possible fiscal stimulus from the Trump administration, according to meeting...

Apr 06, 2017 12:26 AM | Newsscroll

Fed rate hike marks normalisation of US monetary policy: Fitch

New Delhi, Mar 16 The Federal Reserve's move to hike interest rates by 25 basis points, only the third hike in over 10 years and second in 3 months, marks the beginning of a new phase of US monetary...

Mar 16, 2017 11:42 AM | Newsscroll

Markets well placed to absorb Fed rate hike: Das

New Delhi, Mar 16 Indian markets are well placed to absorb the 0.25 per cent interest rate increase by the US Fed last night, the finance ministry said today."Indian markets (are) well placed to...

Mar 16, 2017 10:29 AM | Newsscroll

US Fed raises benchmark interest rate a quarter point

Washington, Mar 15 The US Federal Reserve today raised the benchmark interest rate a quarter point, noting that inflation is moving closer to the central bank's two percent target.But in announcing...

Mar 16, 2017 12:11 AM | Newsscroll

Markets take a poll position, exit numbers to set stage

New Delhi, Mar 5 Assembly election results this week will decide the stock market fortunes in coming days and exit poll findings on March 9 may set the ball rolling either way, say experts.On...

Mar 05, 2017 12:38 PM | Newsscroll

Fed's Yellen says fiscal policy adds 'uncertainty' to outlook

Washington, Feb 14 Possible changes in fiscal policy by US President Donald Trump are among the factors adding "uncertainty" to the economic outlook, Federal Reserve Chair Janet Yellen said...

Feb 14, 2017 9:03 PM | Newsscroll