The benchmark indexes Sensex and the Nifty fell around 1 percent each on Monday, with weak global cues and caution ahead of the RBI policy review weighing on sentiment. Though, the expectations are high from RBI’s governor Raghuram Rajan to cut its key repo rate to a...
India’s central bank slashed its key repo rate by 50 basis points to 6.75% at its September policy meeting, describing the decision as a “front-loaded policy action” that was twice the size expected by the markets. If inflation is low, it will position the OCR...
The greenback rose on Friday as dollar bulls took heart after Federal Reserve Chair Janet Yellen kept the door open to a hike in interest rates later this year, a week after the central bank delayed aa long-anticipated move.
The Page is named “Xi’s US Visit” and the page has been loaded with lots of updates about his status, photos and even videos during the first official state visit of the president of China.
Chinese President Xi Jinping (L) meets with Iranian President Hassan Rouhani in New York, the United States, September 28, 2015. “No matter how the worldwide landscape may evolve and how strong China may become, China will never pursue hegemony, expansion, or sphere of...
In a speech late Thursday, Fed Chair Janet Yellen, who spoke a week after the Fed delayed a long-anticipated rate hike, said she and other Fed policymakers do not expect recent global economic and financial market developments to significantly affect the central bank’s policy.
While noting that the landmark Millennium Development Goals (MDGs) had seen the number of people worldwide living in poverty reduced by half, he said that with the new Sustainable Development Goals (SDGs), however, “we acknowledge that eradicating poverty in all its forms...
The crisis is expected to be high on the agenda as world leaders gather at the United Nations in New York, and Putin is expected to hold rare talks with US President Barack Obama to discuss the issue later on Monday.