Indian pharma stocks experienced heavy selling on February 10, influenced by weak earnings and concerns over possible U.S. tariffs. The Nifty Pharma index fell 2.10% with major firms like Alkem and Ipca suffering significant losses.
1 min read10 Feb 2025US Fed may soften its stance on cryptocurrency, now that the Trump Administration is fully embracing it. Congress is taking steps to push through legislation for a regulatory framework for digital assets.
2 min read7 Feb 2025A desire for low rates confronts a very different economic backdrop—with higher price pressures—from his first term.
7 min read30 Jan 2025The US Federal Reserve has decided to keep interest rates unchanged at 4.25-4.50%. Fed Chair Jerome Powell emphasized a cautious approach amid solid labor market conditions and elevated inflation. Experts anticipate a prolonged period of steady rates as the Fed assesses economic data.
4 min read30 Jan 2025US Federal Reserve sustained its key interest rate at 4.25-4.50 per cent in the first policy verdict of 2025, citing somewhat ‘elevated inflation’ and did not provide guidance on future rate cuts.
5 min read30 Jan 2025Can America’s president bend its central bank to his will? No, the Fed chief has indicated; not under US law. The world is watching as the curtains go up on a whole new drama.
1 min read29 Jan 2025US Fed Meeting Highlights: Jerome Powell-led FOMC maintained the policy rate steady at 4.25-4.50 per cent in the first decision of Trump’s presidency after reducing the rates for three straight meetings in 2024.
48 min read30 Jan 2025Gold price today: MCX gold rate hit a new peak of ₹80,413 per 10 gm during early morning deals
2 min read29 Jan 2025US Federal Reserve has a dual mandate to act independently and keep inflation and employment in check, primarily by raising and lowering short-term interest rates
4 min read29 Jan 2025A trade war that raises prices would be much more complicated for the central bank than it was during Trump’s first term.
6 min read28 Jan 2025The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared