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Jerome powell

US Fed will go for more aggressive rate hikes to curb inflation, says Powell; What it means for Sensex

US Federal Reserve Chairman Jerome Powell said that the central bank will, if required, move "more aggressively" to raise federal funds rate by more than 25 basis points at its policy meetings in an effort to curb inflation. Mar 22, 2022
sensex

Sensex and Nifty extend losses, Sensex declines by 250 pts

India's key equity indices -- Sensex and Nifty -- extended their losses from the previous session to decline during early trade on Tuesday.On Monday, Sensex and Nifty fell 1 percent each. Mar 22, 2022
Sensex

Sensex, Nifty open a tad down in early trade, negative sentiment writ large today

Sensex, Nifty open a tad down in early trade showing that the markets are still under the spell of a negative sentiment owing to the prolonged war in Ukraine and skyrocketing prices of commodities Mar 21, 2022
crude oil, UAE-based Indian national sanctioned by US for smuggling Iranian oil.

War Time: Russian oil exports to India quadrupled in March as Europe shuns cargoes

Russian oil exports to India have quadrupled this month in a sign of the vast reshaping of global energy flows since Russias invasion of Ukraine, Financial Times reported. Mar 19, 2022
Sensex

Sensex, Nifty extend gains on global cues; Sensex up nearly 1,000 pts

India's key equity indices -- Sensex and Nifty -- extended their gains on Thursday from the previous session on global cues. Mar 17, 2022
Chinese tech stocks tank over geopolitical risks, Covid lockdowns

Chinese tech stocks tank over Ukraine war risk, Covid lockdowns

Covid-19 lockdowns and China's position on the Ukraine conflict led to tech shares rout on Tuesday, slashing billions of dollars from the likes of Alibaba Group Holding and Tencent Holdings in Hong Kong, media reports said. Mar 16, 2022
Sensex

Sensex, Nifty open in green; Sensex, Nifty up over 1% each

At 9.54 a.m., Sensex was 1.4 per cent or 777 points up at 56,554 points, whereas Nifty 1.3 per cent or 220 points up at 16,883 points. Mar 16, 2022
cryptocurrency

Govt on Cryptocurrency: No plans to introduce and Reserve Bank of India does not issue cryptocurrency

There is no plan to introduce a cryptocurrency and currently, it is unregulated in India, Minister of State for Finance Pankaj Chaudhary told the Rajya Sabha in a written reply."Reserve Bank of India (RBI) does not issue cryptocurrency. Mar 16, 2022
Sensex

Sensex, Nifty a tad down in early trade

India's key equity indices -- Sensex and Nifty -- traded marginally lower in early session on Tuesday. Mar 15, 2022
Sensex

Sensex opens marginally high on Monday

India's key equity index, Sensex, extended its rally from the previous week and traded marginally higher during the early session on Monday. Mar 14, 2022
Russia-Ukraine crisis

First Covid and now Ukraine, global markets reel under blow after blow [details]

The Government of India and the RBI too will need to balance the growth-inflation paradox even as the fiscal math presented in the Feb'22 Union Budget comes under pressure in the ever-changing global macro backdrop. Mar 13, 2022
US dollar

India's foreign exchange reserves rose to over $631.920 billion

India's foreign exchange reserves rose by $394 million during the week ended March 4. Mar 12, 2022
crude oil, UAE-based Indian national sanctioned by US for smuggling Iranian oil.

Oil price rises as UAE quashes hopes of plugging gap in Russian shortfall

Oil prices rose on Thursday amid confusion over whether major producers would help to plug a gap in supplies from Russia, BBC reported. Mar 11, 2022
crude oil, UAE-based Indian national sanctioned by US for smuggling Iranian oil.

After poll results, market to shift focus back on geopolitics: Emkay

India's financial market will focus again on the evolution of the geopolitical shocks and policy responses after a strong political outcome for the BJP. Mar 11, 2022
Sensex

Sensex, Nifty indices extend gains; Sensex up nearly 300 pts

India's benchmark equity indices extended their gains from the previous session and increased in the opening session on Friday. Mar 11, 2022
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