The rupee on Friday rebounded from the near-80 levels to close higher by 17 paise at 79.82 against the US currency following a recovery in the domestic stocks and weakness in the greenback in......
US Federal Reserve officials lined up behind a likely December interest rate hike with one key central banker saying the risk of waiting too long was now roughly in balance with the risk of moving......
Tracking a recovery in local shares, the Indian rupee on Friday snapped a two-day declining trend and bounced back by 39 paise to end at 61.44 against the Greenback on fresh dollar selling by......
Fed policymakers' deepening uncertainty about their own projections has resulted in the central bank sending mixed messages The US Federal Reserve's dwindling confidence in its own outlook and......
It is also difficult to say whether the rate rise would be the first of many (as happened in 1994, for example) or could even be reversed sooner rather than later — if inflation does not rise......