The Best We Should Hope For From the Fed: Nothing
A rate cut in the next few months could signal major problems in the economy. Source link
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Rupee weakens in NDF, set to slip past 93 as oil surges; RBI steps up key tool
The rupee fell 49 paise to hit a record low of 92.89 against the US dollar in early trade on Thursday, amid sustained pressure from a strong dollar and global market volatility.As the currency weakened, the Reserve Bank of India has significantly increased its market intervention using forward contracts, Bloomberg reported citing people familiar with…
Strait of Hormuz disruption impact: India considers dedicated Rs 1,000 crore war-risk cover to support insurers
Under a proposal being reviewed by the finance ministry, domestic insurers could be enabled to provide cover for vessels navigating high-risk areas. (AI image) Middle East conflict impact on India: The government is looking at the creation of a specialised fund to assist insurers offering war-risk coverage for ships operating on routes to and from…
Gold, silver price prediction today (March 19, 2026): Will gold reach Rs 1.65 lakh/10 grams & silver touch Rs 2.85 lakh/kg?
Gold price prediction: Rs 150,000 level is expected to act as a crucial support zone. (AI image) Gold and silver price prediction today: Gold prices may see some upside swing, while silver prices may move up to Rs 285,000, says Abhilash Koikkara, Head – Forex & Commodities, Nuvama Professional Clients Group. MCX Gold Price Outlook…
Ozempic Is About to Go Generic in India, China and Canada
In India, China and several other nations, Novo Nordisk is on the verge of losing patent protection for its blockbuster weight loss drug, opening the door for cheaper competing versions. Source link
Stock market crash erases Rs 7 lakh crore investors’ wealth in minutes! Sensex plunges over 1,600 points on oil prices, US Fed decision – top reasons for fall
Stock market today (AI image) Stock market crash today: Nifty50 and BSE Sensex crashed in opening trade on Thursday after the US Federal Reserve kept policy rates unchanged and oil prices rose above $110 per barrel. The Sensex dropped by over 1,900 points, while the Nifty 50 slipped below the 23,200 mark intraday after logging…
The Iran War’s Economic Threat to Europe and Asia
Inflation and its consequences for growth is a growing concern for countries where memories of the 2022 energy crisis are fresh. Source link
Asian stocks today: Markets fall as oil tops $112, inflation concerns weigh; Wall Street extends losses
Equity markets across Asia declined on Thursday, tracking losses on Wall Street after a sharp rise in oil prices above $112 per barrel and renewed concerns over inflation and interest rates dampened investor sentiment. In early trading Tokyo’s Nikkei 225 dropped 2.5% to 53,875.94, while South Korea’s Kospi fell 1.3% to 5,845.62. Hong Kong’s Hang…
Oil Prices Keep Climbing on Heightened Fears Over Energy Supplies
Attacks on major energy facilities in Iran and Qatar injected new uncertainty into the outlook for oil and gas prices. Source link
HDFC Bank share price plunges over 4% after part-time chairman Atanu Chakraborty’s sudden resignation
HDFC Bank share price today: HDFC Bank, the country’s largest private sector bank, saw its stock plunge in trade on Thursday after its part-time chairman Atanu Chakraborty resigned. HDFC Bank’s share opened in red and was trading at Rs 806 at around 9:19 AM, down Rs 37 or 4.39%.The stock movement is in focus after…