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Rupee's rough patch worsens on oil, outflow strain; central bank likely steps inThe rupee and other currencies of oil-importing countries have been among the hardest hit following a near 50% surge in Brent crude prices ...- Rupee hits record low of 95.55 as fraying US-Iran ceasefire keeps oil prices on the boilThe rupee has reached its lowest point ever against the US dollar. This decline is driven by investor concerns over escalating conflict in ...
- China economy poised to hit 2025 growth target despite weaker Q4, outlook darkensThe world's second-largest economy showed remarkable resilience in 2025, helped by smaller-than-expected U.S. tariff hikes and exporters' p...
- RBA to cut interest rates in July: What this means for Australian homeownersAustralia's financial outlook anticipates a Reserve Bank of Australia (RBA) cash rate cut of 25 basis points on July 8, 2025, lowering the ...
- China's youth unemployment rate at 15.8% — is the economy in doldrums? Country's central bank cuts key rates amid trade war with U.S.; here's what key indicators sayChina's urban youth unemployment rate for individuals aged 16 to 24 declined to 15.8% in April 2025, down from 16.5% in March, according to...
- ANZ online banking up and running after suffering outage in New ZealandNearly 59% of the users faced issues with the ANZ app while 40% had problems with the internet banking interface and the remaining one perc...
- New Zealand Reserve Bank cuts official cash rate to 3.5% as Trump's tariff war rattles global economyThe Reserve Bank of New Zealand reduced the official cash rate to 3.5 percent on Wednesday. This decision followed global market instabilit...
- China to ramp up policy steps to revive economyChinese policymakers are expected to enhance measures to achieve the challenging 2024 growth target, focusing on boosting demand to counter...
- Indian bonds struggle for direction, little help from FY25 budgetIndian government bond yields remain steady post-budget, with traders adopting a wait-and-watch approach. Fiscal deficit target reduced, bo...
- India's fast-growing economy has a problemIndia faced criticism for withholding a labor survey revealing high unemployment until after Modi's re-election in 2019.
- China lays out 'historic' plans to prop up its realty marketInvestors hoped the measures marked the beginning of more decisive government intervention to compensate for waning demand for new and old ...
- China, its economy flagging, prods consumers to save less and spend moreSix commercial banks all announced that they had lowered the rate for demand deposits, essentially a checking account, to 0.2% from 0.25%. ...
- China cuts lending benchmark, market sees more easing in 2022The one-year LPR was lowered by 5 basis points to 3.80% from 3.85% previously, while the five-year LPR remained at 4.65%.
- Dollar steadies as traders look to central banks for guidanceThe dollar has bounced off recent lows and was firm in choppy trade on Tuesday ahead of a handful of data releases and central bank meeting...
- India's economy likely returned to growth last quarterThe median forecast from a survey of 58 economists, conducted between Feb. 18-24, put year-on-year growth at 0.5% in the December quarter, ...
- RBI Governor says no reason to doubt govt will meet fiscal deficit targetsThe RBI governor said there is no reason to doubt that the fiscal deficit for the next year would be met.
- Fall in GDP growth impacts corporate credit profile: India RatingsThe Economic Survey, released a day before Finance Minister Nirmala Sitharaman presented Union Budget for 2020-21 on February 1, had projec...
- India Oct inflation likely hit 12-month low, below RBI targetThe RBI's shift in its stance to "calibrated tightening" from "neutral" at its Oct.
- HDFC in talks to raise $750 million through ECBsHFCs were earlier allowed to raise funds through foreign currency loans only for the affordable housing segment.
- CNG prices hiked by Rs 5.60 per kg to Rs 27.50 in DelhiCNG rates in Delhi will go up by Rs 5.60 per kg - from Rs 21.90 to Rs 27.50 per kg, IGL said in a statement here.
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