Economic Data News
Crude oil futures crashes into negative territory for the first time in history amid coronavirus pandemic
While US oil prices are trading in negative territory for the first time ever, it is unclear whether that will trickle down to consumers, who typically see lower oil prices translate into cheaper gasoline at the pump.
Stock Market Latest Updates: Sensex ends in green, Nifty holds 9,200-mark; HDFC Bank, Infosys among major gainers
Stock Market Today LIVE Updates: Sensex up, Nifty reclaims 9,300-mark; Infosys, Tata Motors among major gainers
Wall Street rises on latest Fed rescue program; to buoy local govts, businesses crushed by massive closures
Wall Street's benchmark S&P 500 index posted it best weekly gain since 1974, in a holiday-shortened week, bolstered by early signs that the outbreak was hitting a peak as well as aggressive global stimulus.
Fed seen cutting rates amid virus threat, low inflation to cushion economy from effects of coronavirus
Unlike many other central banks, the Fed still has some room to cut interest rates, although officials there have said that they want to see a “material change” in the economic data before they take further action after cutting rates three times last year.
With this fiscal's estimated GDP growth set to be the lowest in 11 years, here’s a look at how it will impact the common man
The GDP can’t be taken as just another routine economic data government puts out; it is a vital summary of the real economic activity on the ground
Asia stocks attempt a rally as Iran anxiety ebbs; Wall Street erases early losses to end in black as tech stocks climb
Asian shares had fallen sharply on Monday as Iran and the United States traded threats after a US airstrike killed a top Iranian commander.
Q2 GDP growth at 4.5%: Govt has indeed acknowledged, responded to problems with some measures but cannot afford to take eye off ball
Private investment (reflected in gross fixed capital formation, GFCF) not only slipped in terms of percentage of GDP (to 27.8 percent in Q2 from 29.2 percent in the same period last year and from 29.7 percent in Q1) but also in terms of growth.
Gold rises on fresh Sino-US trade tensions, Fed rate cut bets; slightly weaker dollar helps yellow metal's gain
Spot gold was up 0.3% at $1,407.69 per ounce. Gold has risen nearly 0.6% so far this week.
Narendra Modi's second term in office: From job creation, tax rates to agrarian crisis, to-do list for next five years is ready
The Narendra Modi government should work on getting state finances in order
Congress vows to 'clean up' economic data gathering if it wins Lok Sabha polls amid concerns over official economic data
Congress leader P Chidambaram said on Monday that the party will review how economic data is collected and interpreted if it wins the Lok Sabha election, amid doubts over the reliability of official data
RBI monetary policy: Cental bank goes with official data, says governor Shaktikanta Das on data row
Governor Shaktikanta Das on Thursday said the Reserve Bank goes with the official statistics while making its assessments on the economy and formulation its policy responses
Economists vs accountants debate: Vitriolic attack is not need of hour; time to work on credible data
By a curious coincidence, most of the contentious data series which present an opposite view of an otherwise somber picture have come at a pre-elections time.
Sensex drops 300 points at Rs 34,834, Nifty below 11,000-mark ahead of RBI policy outcome; oil, infra plunge up to 10%
Sensex, after cracking the 35,000-mark by falling over 335 points to touch a low of 34,833.81, pared some losses to quote 194.44 points, or 0.55 per cent lower at 34,974.72.
PNB investors take a hit of Rs 3,000 cr in a single day, shares slump nearly 8% on $1.77 bn fraudulent transactions
The benchmark BSE Sensex gained 173 points to 34,473.43 in early trade today, rising for the second straight session on back of positive macroeconomic data
US Fed likely to keep interest rates unchanged, could hint at year-end hike
The U.S. central bank raised its benchmark overnight interest rate to a range of 0.25 percent to 0.50 percent in December, the first hike in nearly a decade, but has held rates steady this year
Positive economic data sends Sensex up by 111 points in early trade
The benchmark BSE Sensex extended gains for the second straight day by adding nearly 111 points in early trade today on sustained capital inflows after the country reported positive economic data yesterday.
PMO defends Manmohan Singh, says GDP data shows he isn't 'weak'
Economic data shows unprecedented development in the last decade which would have been impossible if Prime Minister Manmohan Singh had been "weak", his Communications Adviser Pankaj Pachauri said on Friday, countering the damaging claims made by a former Media Adviser.
Data suggests Europe's recession recovery 'broad-based, self-sustaining'
Another round of economic data Thursday provided evidence that Europe's recovery from recession is becoming broad-based and self-sustaining.<br /><br />
US stocks up as worries over Fed abate thanks to weak economic data
However, the dollar fell to a three-week low against the euro after the weaker economic data
GDP data to have no impact on interest rate, say experts
India's economy grew at a higher-than-expected 5.5 percent in the quarter ending in June, against analysts' forecasts of 5.3 percent