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US Stock Market: Bessent applauds Fed communication reset, questions dot plot's relevanceU.S. Treasury Secretary Scott Bessent has backed Federal Reserve Chair Kevin Warsh's push to revamp the Fed's communication strategy, inclu...
MTF hits record Rs 1.27 lakh crore as investors borrow more to buy stocks. Is it a ticking time bomb?Indian investors are ramping up margin trading at a record pace, pushing the MTF book to an all-time high of Rs 1.27 lakh crore in May 2026...
Can anyone fix Britain? Regular change of PM a symptom of UK's malaiseBritain faces a political crisis with a rapid turnover of leaders, the latest being Keir Starmer's resignation. Decades of economic stagnat...
US stocks: SpaceX launches debt sale to raise capital, reports $100.8 billion in cashSpaceX is making waves with a new notes offering, and they've revealed a massive $100.8 billion cash balance. This significant financial po...
Britain's revolving door: The fall of six prime ministers in a decade of political upheavalBritain braces for its seventh prime minister in a decade as Keir Starmer resigns, marking another turbulent chapter. Since the 2016 Brexit...
Charting the global economy: Fed turns hawkish, China demand weakensFederal Reserve Chairman Kevin Warsh signaled a shift towards interest-rate hikes amid persistent inflation, while euro-area price pressure...
Best Proverb of the Day: “Never marry for money. You'll borrow it cheaper.” — A timeless lesson on love and relationshipsBest Proverb of the Day: The famous Scottish proverb offers a timeless lesson that one should always prioritize genuine connection over fin...
Ukraine hits Moscow in 'large-scale' attack, sparking fires and evacuationsUkraine launched a massive drone assault on Moscow, causing fires and evacuations. The attack targeted the capital and its surrounding regi...
US stocks: US market's indexes advance with boost from chips, Iran optimismU.S. stock indexes rose Thursday, led by semiconductor shares and easing inflation fears, despite anticipated Federal Reserve interest rate...
Investors brace for less predictable Fed as Warsh rewrites playbookKevin Warsh's first Federal Reserve meeting as chair saw interest rates held steady, but a shift away from forward guidance blindsided trad...
Infosys, TCS, Wipro, other IT stocks fall up to 3% after Fed's hawkish tone. What's ahead?Indian IT stocks, including Infosys and TCS, experienced a significant decline of up to 3% on Thursday. This downturn was triggered by a ha...
US Stock Market: Analysts see inflation driving Fed's hawkish shift under WarshThe Federal Reserve held interest rates steady, signaling potential future hikes due to persistent inflation concerns. Policymakers' update...
Fed begins Warsh era with rate hold, sees hike possible later in 2026The Federal Reserve maintained interest rates but signaled a potential hike later this year due to inflation concerns. New projections show...
Oil Price Today (June 17): Crude oil dips below $80, near 3-month low ahead of US-Iran agreement. Will liquid gold fall more?The interim agreement, expected to be signed on Friday, would grant Tehran significant economic incentives, including the immediate ability...
US Stock Market: Warsh faces key test as new Fed chair amid inflation concernsFederal Reserve Chair Kevin Warsh faces his first major policy test as inflation remains elevated and markets await clues on future interes...
Global Markets: Chinese government bonds gain global appeal as investors seek diversification amid market volatilityChinese government bonds are attracting growing interest from global investors as rising geopolitical tensions, particularly the Iran confl...
Rupee may gain ground as crude prices ease and FCNR inflows rise, says Navneet DamaniThe Indian rupee is poised for appreciation, driven by a significant drop in crude oil prices and anticipated substantial inflows from NRI ...
Explained: Why RBI’s FCNR(B) and ECB swap window could be a game changer for banksRBI’s FCNR(B) and ECB swap windows aim to boost liquidity, stabilise the rupee and ease funding costs for banks. Attractive returns for NRI...
Banks pay 7% on dollar deposits as India seeks fresh foreign currencyIndian banks are significantly increasing rates on foreign-currency deposits to attract overseas residents, testing the central bank's new ...
Stable rates, steady demand: Why real estate players see RBI's pause as a confidence boosterWith retail inflation easing to 3.48% in April and remaining below the RBI's 4% target, industry stakeholders see little immediate pressure...