Things are getting awkward for the US Federal Reserve. With their eye on inflation, officials are inclined to hold rates steady when they meet in Washington on Tuesday and Wednesday. But fears of a slowdown are mounting, and President Donald Trump and some of his deputies keep hammering the central bank for a rate cut.Caught…
Indian stock markets are set for a crucial week ahead, with investors focusing on the pace of foreign portfolio investments (FPIs), the next step of India-US trade talks, and the quarterly results of major listed firms. Globally, the upcoming US Federal Reserve meeting will be closely tracked for signs of any transition in interest rate…
State-run mining major NMDC has recorded a 15 per cent increase in iron ore production and a 3 per cent rise in sales for the month of April. In a statement issued on Sunday, the company said it produced 4 million tonnes (MnT) of iron ore during April, up from 3.48 MnT in the same…
Finance Minister Nirmala Sitharaman (ANI) Finance Minister Nirmala Sitharaman will lead the Indian delegation of officials from the Department of Economic Affairs to attend the 58th Annual Meeting of the Board of Governors of Asian Development Bank (ADB), scheduled to take place in Milan, Italy, from May 4-7. The meetings will be attended by official…
Warren Buffett’s remarkable investment achievements stand unmatched in financial history. Warren Buffett’s life is a masterclass in how to invest. There has been no other investor like him, and it is doubtful whether there will ever be any investor who can match up to the veteran’s track record. On Saturday, the Berkshire Hathaway CEO announced…
The State Bank of India (SBI) will maintain a return on assets (RoA) of over 1 per cent in FY26 despite expected margin pressure due to the softening interest rate cycle, Chairman C S Setty said on Saturday.RoA is a key profitability ratio that reflects how efficiently a company generates profit from its assets. Speaking…
Donald Trump and Jerome Powell US President Donald Trump is taking credit for any signs of economic strength in the US while blaming President Joe Biden for recent weaknesses, including the first-quarter contraction in GDP. In a wide-ranging interview on NBC News’ “Meet the Press,” Trump also lobbed fresh criticism at Federal Reserve Chair Jerome…
Warren Buffett famous quotes: Berkshire Hathaway CEO, and the world’s 5th richest person, has announced his intention to retire by the end of 2025. Warren Buffett and his investment mantras are a timeless textbook for all types of investors – new or old, big or small. The 94-year old Buffett’s life and investments are a…
The conclusion of talks on the proposed free trade agreement (FTA) between India and the UK, along with two other pacts, may take more time as both sides continue to negotiate unresolved issues, sources familiar with the matter said.According to PTI, the three agreements currently under discussion are the FTA, a bilateral investment treaty (BIT),…
Markets regulator Sebi is actively working with the Ministry of Finance and other financial regulators to set up a centralised Know Your Customer (KYC) system, Sebi Chairman Tuhin Kanta Pandey has said. The central KYC is an online database designed to streamline compliance by maintaining KYC records of customers in one place for use across…
