Fed Reserve

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Fed Reserve - Total results - 23
Investor wealth plunges Rs 1.99 lakh cr as markets plunge on weak global cues, rising coronavirus cases
Business

Investor wealth plunges Rs 1.99 lakh cr as markets plunge on weak global cues, rising coronavirus cases

Global markets tanked following the World Health Organisation's (WHO) comments that the novel coronavirus "may never go away".

World stocks rise as China trade data better than expected; some countries try to restart economy on easing pandemic fears
Business

World stocks rise as China trade data better than expected; some countries try to restart economy on easing pandemic fears

Market sentiment was boosted by data showing China’s exports fell only 6.6 percent in March from a year ago, less than the expected 14 percent plunge.

Gold prices ease from 4-week high as dollar, equities strengthen on signs of coronavirus slowdown
Business

Gold prices ease from 4-week high as dollar, equities strengthen on signs of coronavirus slowdown

India’s gold imports plunged more than 73 percent year-on-year in March to their lowest in 6-1/2 years as record domestic prices and a lockdown to curb the outbreak squeezed retail demand

Asia markets mostly up after Senate passes huge stimulus; investors breathe a sigh of relief at unprecedent $2 tn plan
Business

Asia markets mostly up after Senate passes huge stimulus; investors breathe a sigh of relief at unprecedent $2 tn plan

Asian markets mostly rose though major indexes struggled after posting hefty gains this week.

Federal Reserve's stimulus eases global market fears, gets cash flowing; Dow soars, dollar edges low
Business

Federal Reserve's stimulus eases global market fears, gets cash flowing; Dow soars, dollar edges low

The US dollar edged lower against a broad range of currencies, while Treasury yields rose, a sign that investor concerns had eased, at least for the moment

Coronavirus outbreak: Damage to India’s economy has been contained by quick policy decisions; imperative that RBI cuts rates only if needed
Business

Coronavirus outbreak: Damage to India’s economy has been contained by quick policy decisions; imperative that RBI cuts rates only if needed

The RBI should cut rates only if it needs to and when it wants to--not because other central banks are doing so.

Asia stock markets hammered as coronavirus panic worsens; world financial markets, safe-haven assets ditched
Business

Asia stock markets hammered as coronavirus panic worsens; world financial markets, safe-haven assets ditched

The plunge, as the coronavirus pandemic spreads, gathered pace after U.S. President Donald Trump spooked investors with a move to restrict travel from Europe, and after the European Central Bank disappointed markets by holding back on rate cuts

Fed rate cut helps fuel day of swings in stocks and assets, then spooks coronavirus-weary investors
Business

Fed rate cut helps fuel day of swings in stocks and assets, then spooks coronavirus-weary investors

The Fed’s move was the first unscheduled rate cut since October 2008, when the central bank reacted to a contraction in the economy that had begun the previous year

Gold rises to three-month high, set for best year since 2010 on weakening dollar, year-end buys
Business

Gold rises to three-month high, set for best year since 2010 on weakening dollar, year-end buys

The dollar slipped against a basket of rivals, making gold cheaper for holders of other currencies

Sensex jumps over 250 points ahead of RBI policy outcome on gains in banking, financial stocks; Nifty spurts 70 points
Business

Sensex jumps over 250 points ahead of RBI policy outcome on gains in banking, financial stocks; Nifty spurts 70 points

Sensex was trading 258.60 points or 0.68 percent, higher at 38,365.47. Similarly, the broader NSE Nifty spurted 70.00 points, or 0.62 percent, to 11,384.00.

Oil trims gains as US flags release of crude reserves, but Middle East risks keep stocks on back foot
Business

Oil trims gains as US flags release of crude reserves, but Middle East risks keep stocks on back foot

The drone attack over the weekend has cut the kingdom’s oil production in half, creating the biggest disruption to global oil supplies in absolute terms

US Fed cuts interest rates for first time since 2008, signals it may not need to do more
Business

US Fed cuts interest rates for first time since 2008, signals it may not need to do more

Donald Trump said on Twitter the Fed chief “let us down” by not telegraphing that an aggressive easing was coming

Rupee recovers 6 paise against dollar in early trade amid sustained foreign fund inflows
Business

Rupee recovers 6 paise against dollar in early trade amid sustained foreign fund inflows

In global trade, the US dollar fell to a three-week low after Federal Reserve chairman reinforced the US central bank's recent shift toward a more "patient" approach on policy in the face of slowing economy.

Rupee softens against dollar in opening trade on rising crude prices, demand for US currency from importers
Business

Rupee softens against dollar in opening trade on rising crude prices, demand for US currency from importers

The rupee opened weak at 69.83 at the interbank forex market against its previous close of 69.68 per dollar

Rupee crashes past 73: Why crude, US-China trade war can continue to play spoilsport
Business

Rupee crashes past 73: Why crude, US-China trade war can continue to play spoilsport

if we look at the measures announced by the government to stabilize the rupee and analyze the impact, then it appears that we may be barking up the wrong tree.

Sensex smashes records, rises by over 150 points to 37,496, Nifty hits fresh high of 11,300 ahead of RBI policy meet today
Business

Sensex smashes records, rises by over 150 points to 37,496, Nifty hits fresh high of 11,300 ahead of RBI policy meet today

Sensex spurted 159.95 points, or 0.42 percent, to an all-time high of 37,496.80.The gauge had gained 840.48 points in the previous five record-setting sessions and closed at an all-time high of 37,336.85 points in Friday's session.

Urjit Patel's reduced communication could send interest rates higher, stem economic growth
Business

Urjit Patel's reduced communication could send interest rates higher, stem economic growth

Patel, a deputy governor since 2013, had been known within the RBI as reserved. He is widely regarded as having the professional and academic credentials to succeed, but the governor's role also involves communicating, some bankers say.

With govt's thrust on key reforms, India never been in stronger position than today: Deepak Parekh
Business

With govt's thrust on key reforms, India never been in stronger position than today: Deepak Parekh

HDFC's Parekh also noted that with the present government, large scale corruption has been weeded out