Business
FOMC meet: What does US Fed rate cut mean for Indian stock markets? Explained
India’s fundamental growth story remains strong, but the stock market volatility has been particularly significant this year. (AI image) The US Federal Reserve Chairman Jerome Powell-led Federal Open Market Committee (FOMC) cut rates by 25 basis points on Wednesday. The rate cut was on expected lines, and came amidst rising pressure from US President Donald…
What the Fed’s Rate Decision Means for Loans, Credit Cards, Mortgages and More
Here’s how the central bank’s interest rate stance influences car loans, credit cards, mortgages, savings and student loans. Source link
FOMC meeting: Jerome Powell-led US Fed cuts rate by 25 bps; notes moderation in economic, job growth – two more rate cuts seen
US Federal Reserve Chairman Jerome Powell (File photo) US Fed FOMC Meeting: Led by chairman Jerome Powell, the US Federal Reserve on Wednesday announced a 25 basis points rate cut after the FOMC meeting. “In support of its goals and in light of the shift in the balance of risks, the Committee decided to lower…
Top Bessent Aide, Daniel Katz, Expected to Be Tapped as No. 2 at I.M.F.
The appointment would come as the Trump administration has called for sweeping reforms at the global economic institution. Source link
IT deal renewals: $13 billion contracts on the line; TCS, Infosys, Wipro eye mega wins
Indian IT giants are preparing for a wave of contract renewals worth about $13 billion to December end, offering companies like Tata Consultancy Services (TCS), Infosys, HCLTech, and Wipro a chance to secure a share of the info tech market.The surge comes as clients push for cost savings and AI-driven efficiency, according to data from…
The Fed meeting brings together a Trump ally with a target of his ire.
The Fed meeting brings together a Trump ally with a target of his ire. Source link
‘Will be addressed satisfactorily’: Piyush Goyal expresses optimism on India-US trade deal talks; calls relations positive
The bilateral relationship became strained after Trump levied 50 per cent duties on Indian products. Expressing confidence in the India-US trade deal, Commerce Minister Piyush Goyal on Wednesday said that relations between the two countries remain positive. He cited the friendship between Prime Minister Narendra Modi and US President Donald Trump, and expressed confidence that…
Powell Faces Challenges From Within the Fed, Too
The central bank is expected to reduce interest rates on Wednesday. But there could be a internal debate about the size of a cut , and how many more to make. Source link
Canada rate cut: Central bank trims lending rate to 2.5%; economy struggles under Trump’s tariff war
Canada’s central bank on Wednesday lowered its key lending rate to 2.5%, giving some relief to borrowers as the country’s economy feels the strain of US President Donald Trump’s trade war.The Bank of Canada had kept its rate steady at 2.75% since March, while assessing the impact of Trump’s shifting tariffs on Canadian businesses that…