How the Fed’s rate decision affects your finances.
The central bank’s interest rate policy influences car and home loans, credit cards, savings accounts and more. Source link
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RBI’s new disaster loan relief rules explained: Banks can help borrowers automatically; what changes from July 1
Banks will be allowed to extend relief measures to borrowers in calamity-hit areas without waiting for individual requests, under revised Reserve Bank of India guidelines that will come into force from July 1, 2026.The RBI on Wednesday issued fresh directions after considering stakeholder feedback on draft norms covering relief measures in areas affected by natural…
Warsh Clears an Early Hurdle on Path to Fed Chair
The Senate Banking Committee advanced Kevin Warsh’s nomination as Fed chair on Wednesday, teeing up the full chamber to hold a vote soon. Source link
US stock market today (April 29, 2026): Dow, S&P 500 slip ahead of Fed decision; oil surge from Iran war weighs on sentiment
US stocks edged lower on Wednesday as investors awaited the Federal Reserve’s interest rate decision later in the day, while rising crude prices linked to the Iran war kept pressure on market sentiment.The S&P 500 fell 0.2 per cent, a day after retreating from its record high amid weakness in artificial-intelligence stocks and concerns over…
Loss of Emirates Further Weakens OPEC’s Influence
The exit of the United Arab Emirates is the most significant in a series of departures from the oil cartel in recent years. Source link
Stock market today (April 29, 2026): Sensex jumps 609 points, Nifty nears 24,200-Check top gainers and losers today
Benchmark equity indices Sensex and Nifty rebounded nearly 1 per cent on Wednesday, helped by bargain buying in FMCG, auto and telecom shares, upbeat earnings sentiment and gains across Asian markets.Traders said signs of possible de-escalation in geopolitical tensions also supported sentiment.In a volatile session, the 30-share BSE Sensex climbed 609.45 points, or 0.79 per…
Fidelity Won’t Let Donor-Advised Fund Holders Donate to Southern Poverty Law Center
Fidelity cited the Justice Department’s recent lawsuit against the civil rights organization in emails to holders of its charitable-giving funds explaining its decision. Source link
Airtel eyes $2 billion UK IPO of African mobile money unit
Airtel Africa’s initial public offering of its mobile money business could raise between $1.5 billion and $2 billion, according to people familiar with the matter.London is now the most likely location for the listing of Airtel Money, the people said, asking not be identified as the information is still private. An exchange in the UAE…
New Disney Boss Is Tested by Trump and His Administration
Josh D’Amaro, who took the helm in February, will have to lead Disney through surprising new scrutiny from the president. Source link
Vedanta Q4 PAT rises 89% to Rs 9,352 crore, higher metal prices & weak rupee boost earnings
Mining conglomerate Vedanta Ltd on Wednesday reported an 89 per cent jump in consolidated profit after tax to Rs 9,352 crore for the quarter ended March 2026, helped by higher sales volumes, rising global metal prices and gains from a weaker rupee.The Anil Agarwal-led company had posted a consolidated profit after tax of Rs 4,961…