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Rupee falls to historic low as FED signals hawkish stance

Rupee falls to historic low as FED signals hawkish stance

The rupee hit a low of 85.0850 against the US dollar before closing at 85.07, down 0.1 per cent for the day

19 Dec 2024 10:47 PM IST

Federal Reserve Chairman Jerome Powell. (Photo: AFP)

Strong U.S. job growth expected in January; wages seen cooling

WASHINGTON: U.S. job growth likely remained strong in January amid a persistently resilient labor market, but an...

3 Feb 2023 2:47 PM IST

Federal Reserve Chairman Jerome Powell. (Photo: AFP)

US Fed opts for third-straight big rate hike, ready for recession, job...

Rate hikes likely to cause pain for workers and businesses in America

22 Sept 2022 8:34 AM IST

Private bank and disinvestment related stocks closed higher. The currency was at 71.45 and 10 years Bond Yield was at 6.56, which is negative for the market, if these hold at the same levels for the next few days, analysts said.

Stock market may see profit booking

Mumbai: The Indian stock market may open weak on Monday following the more than 3 per cent fall in the US market on...

29 Aug 2022 12:27 PM IST

An elevated inflation rate is also a cause of concern for the RBI, though it has decided to accord priority to economic growth in the near future. (DC file Photo)

RBI hints at end to low interest regime in June

Central bank may shift its focus to taming inflation

23 April 2022 1:42 AM IST

As the Sensex and Nifty-50 traded at an all time high on Wednesday before some profit taking, further profit taking could continue on Friday and may well set a reversal after sharp gains in the first half of August. Representational Image. (Twitter)

FPI selloff erases new year gains of market

The Sensex has shed close to 2000 points from its January 17 peak of 61308.91

21 Jan 2022 2:32 AM IST