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US Federal Reserve cuts Key Interest Rate by 0.25 percent 2024-12-19 07:26:42
The Federal Reserve cut interest rates by a quarter of a percentage point on Wednesday, signaling a future weakening in interest rates and triggering a sharp selloff in financial markets. Policymakers voted 11-1 to cut the central bank's key interest...
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Read MoreIT Sector Demand may be muted in short term: Experts 2024-05-30 15:31:45
The gloomy demand situation for Indian IT companies may continue in the short term, but analysts expect a pick-up that will drive growth in the sector in the medium to long term. Demand in the Indian IT sector is likely...
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Read MoreRBI Monetary Policy Highlights 2024-12-07 14:52:12
The Reserve Bank of India (RBI) today, December 6, announced its fifth bi-monthly monetary policy for FY2025. The six-member Monetary Policy Committee (MPC), headed by RBI Governor Shaktikanta Das, decided to maintain the policy by a majority of 4:2. The...
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Read MoreLuxury automakers hike prices up to 3 percent 2024-11-25 10:27:27
Amid increasing inflationary pressures, rising material costs and rising operating costs, luxury car makers Mercedes-Benz India and BMW India have announced a price hike of up to 3% for all models from January 1, 2025. Mercedes-Benz India has adjusted ex-showroom...
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Read MoreDonald Trump's Recession 'Cure' will be Worse than a Disease 2025-03-13 09:15:34
Is there a possibility of categorizing recessions as “good” or “bad,” akin to the distinction between good and bad cholesterol? This query arises as global markets contemplate the potential for a recession in the United States, the foremost economy that...
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Read MoreNarendra Modi receives Ceremonial Guard of Honour in Sri Lanka 2025-04-05 10:45:02
On Saturday, Prime Minister Narendra Modi was honored with a ceremonial guard in Sri Lanka as he commenced his inaugural visit to the island during his third term in office. The two nations formalized seven Memorandums of Understanding (MoUs) covering...
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