Coronavirus Lockdowns
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Fed leaves interest rates near zero; vows to use 'full range' of tools to help economy sinking to its worst crisis since 1930s
•In its statement, the Fed also raised concerns about slowing inflation, which is likely to sink further below its 2 percent target level in the coming months.
Stock Market Latest Updates: Sensex zooms 606 points, Nifty holds 9,500-mark; Hexaware Q1 net profit up 26.3% at Rs 175 cr
Fp Staff •Stock market today LIVE Updates: Markets open in green, Sensex up, Nifty above 9,400-mark; IndusInd Bank, Axis Bank fall
Crude climbs as storage fills less rapidly than feared; demand may pick up as some European countries, US cities ease lockdowns
•While storage is rapidly filling up, production cuts by US shale producers, estimated by consultants Rystad Energy at 300,000 barrels per day (bpd) for May and June, should help slow flows into tanks.
Stock Market Latest Updates: Sensex tanks over 1,000 points, Nifty below 9,000-mark; except pharma, all other sectoral indices end in red
Fp Staff •Stock Market Today LIVE Updates: Sensex plunges 870 points, Nifty at 9,000-level; Rupee slips 26 paise to 76.79 against dollar