The Fed’s total balance sheet size exploded by more than half a trillion dollars in a single week, roughly twice the pace of the next-largest weekly expansion in the financial crisis in October 2008.
Stock Market Today LIVE Updates: Sensex down 581 points, Nifty dips 205 points at close; all sectoral indices in red
Stock Market Today LATEST Updates: Sensex was down 581.28 points or 2.01 pecent at 28288.23, while Nifty was down 205.35 points or 2.42 percent at 8263.45.
In a news conference, Federal Reserve chairman Jerome Powell said the epidemic was having a “profound” impact on the economy, forcing whole industries like travel and leisure offline.
Global shares head for worst week since 2008 financial crisis as investors brace for coronavirus to morph into a pandemic
The worsening global threat from the virus prompted investors to rapidly step up bets the US Federal Reserve would need to cut interest rates as soon as next month to support economic growth
Trend of high inflation, low growth continues: No strong revival signs yet; all we have are warning signals
The twin set of macroeconomic data released on Wednesday doesn’t augur well for the economy
Gold amnesty scheme: Tax cheats must be taught a lesson, but targeting households, temple treasure will be a tricky affair
The problem with India’s ‘gold’ economy is that Indians do not see gold as merely an investment asset.
RBI likely to cut repo rate by 25 bps due to weak economic activity, inflation, says Goldman Sachs report
Goldman Sachs expects inflation to remain below the RBI's medium term target until the end of 2019
It is "erroneous" to come to a conclusion of heightened economic activity using the jump in currency in circulation (CIC), the economic research wing of SBI said on Thursday
Economic activity is expected to accelerate in the second half of the fiscal year with the waning impact of demonetisation shock in late 2016 and GST rollout in July
Government needs to ensure price support for farmers in case of glut, outside of MSP
The March quarter growth figure is the lowest since the December quarter in 2014, when the economy registered a 6 percent growth,
The Parliamentary panel will summon Patel again after the upcoming parliament session.
For most states, the growth in VAT collections had slowed in December, compared to November when Modi announced the decision to withdraw the two high-denomination notes that accounted for 86% of the total stock of currency in circulation.
The US-based ratings agency also revised GDP growth forecast for 2017-18 and 2018-19 lower to 7.7 percent from 8 percent earlier
Moody's added there will be loss of wealth for individuals and corporates with unreported income, as some will choose not to deposit funds back into the formal financial system to avoid disclosing the sources of these funds
On India, the report said economic growth remained robust, which, as in the past, is expected to support continued poverty reduction.
Brokerage houses Geojit BNP Paribas Financial Services, Equinomics Research & Advisory and Kotak Securities expect the benchmark Sensex and Nifty to usher in gains between 10-20 percent by Diwali 2016
L&T says Slowing global economies, depressed commodity prices, weakening currencies and capital outflows constraining growth prospects of emerging economies
World Bank sees India's GDP growing at 8% in FY18
The Fed repeated that it would keep overnight rates near zero until the unemployment rate hits 6.5 percent, as long as inflation does not threaten to exceed 2.5 percent.