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Data released Friday showed U.S. non-farm payrolls rose by 142,000 in September, considerably lower than the 203,000 jobs the markets had expected.

Axis Bank, private sector bank in India, reduced its base rate by 35 basis points to 9.50% with effect from October 05, 2015.

The newest report came just two weeks after the Fed decided that the economy’s advance was still too fragile to risk lifting interest rates from their near-zero level, even as it hinted that it might go ahead by December.

The longtime opponent to the Federal Reserve claims that foreign exchange markets will eventually figure out what USA policymakers are doing, and then we will be facing a currency crisis which could lead to a USA and global stock market crash. Even if rates increase soon,...

The Federal Reserve decided not to lift its key interest rate about two weeks ago, but New York Fed President William Dudley says a rate hike will likely come before 2016.

“Therefore, the Reserve Bank has front-loaded policy action by a reduction in the policy rate by 50 basis points”. As it is, the ASSOCHAM does not expect the exports to go beyond Dollars 268 billion in the current fiscal as against USD 310 billion.

Reserve Bank governor Lesetja Kganyago has announced that the Reserve Bank’s repo rate will remain unchanged “for now”.

“The MPC has decided unanimously to keep the repurchase rate unchanged for now at 6% per annum”.

Parents buying their children new school uniforms helped to provide a modest boost in retail sales last month.

Let’s hope they learned to adjust their stock accordingly from last year’s Indian summer!

Egg prices, which have been pushed higher by an avian flu outbreak among chickens, rose 7.7 per cent in August and are now up 35.3 per cent over a year ago. CPI has hovered around zero since February.

ANNUAL United Kingdom consumer prices index inflation fell back to zero in August, the latest official figures show, underlining the country’s continuing economic challenges.

The case for raising interest rates was “some way from being made”, he added.

The inflation calculated on Wholesale Price Index (WPI) during August continued to remain in negative territory for the tenth month in a row, while the one measured on Consumer Price Index (CPI) has touched a new low.

Households bracing themselves for an imminent interest rate rise were given hope of a reprieve today when a Bank of England official said rates may have to be cut even further to stoke up the United Kingdom economy.