News for 'Federal Reserve'

'Important to assess all investment options'

'Important to assess all investment options'

Rediff.com19 May 2022

'Then select those that are well-aligned with your risk-return profile and investment time horizon.'

Vinesh Phogat out of Asian Games with injury

Vinesh Phogat out of Asian Games with injury

Rediff.com15 Aug 2023

Vinesh clears way for Antim Panghal's inclusion

FPIs Pull Out A Record Rs 1.22 Trillion!

FPIs Pull Out A Record Rs 1.22 Trillion!

Rediff.com22 Dec 2022

FPIs have turned net sellers in 2022 after being net buyers in the last three years.

US Fed earns $14 bn profit from loans

US Fed earns $14 bn profit from loans

Rediff.com31 Aug 2009

The US Federal Reserve has earned a whopping $14 billion profit on loan programmes made in the last two years, says a media report.

Sensex pares early gains, ends own 188 points

Sensex pares early gains, ends own 188 points

Rediff.com29 Sep 2022

Benchmark indices failed to hold on to early gains and closed in the red for the seventh straight session on Thursday, with participants remaining in wait-and-watch mode ahead of the RBI's interest rate decision. Unabated selling by foreign funds added to the pressure, though a modest recovery in the rupee cushioned the fall, traders said. After rallying in early trade, the 30-share BSE Sensex came under selling pressure in the afternoon session and closed 188.32 points or 0.33 per cent lower at 56,409.96.

India's tennis stars to face Pakistan after 60 yrs

India's tennis stars to face Pakistan after 60 yrs

Rediff.com17 Dec 2023

Davis Cup: Ramkumar to lead Indian challenge against Pakistan on grass courts

From 53 in first polls, number of parties at over 2500

From 53 in first polls, number of parties at over 2500

Rediff.com21 Mar 2024

However, the national party count has gone down to six from 14 in over seven decades.

US Fed rate cut expected, factored in by RBI

US Fed rate cut expected, factored in by RBI

Rediff.com1 Nov 2007

The US Federal Reserve, on Wednesday, announced a 0.25 per cent cut in benchmark interest rate, which is expected to increase capital flow from foreign institutional investors in the Indian stock market.

Kerala Guv gets Z+ cover after roadside standoff with SFI

Kerala Guv gets Z+ cover after roadside standoff with SFI

Rediff.com27 Jan 2024

The Z+ security cover of Central Reserve Police Force (CRPF) personnel has been extended to Khan and Raj Bhavan, his office said in a post on 'X'.

Sensex, Nifty end lower, all eyes on US Fed policy

Sensex, Nifty end lower, all eyes on US Fed policy

Rediff.com26 Sep 2018

Brokers said investor sentiment turned choppy on selling by foreign institutional investors ahead of the September month derivatives expiry on Thursday.

Talent Crunch Affects Bank's Cybersecurity Plans

Talent Crunch Affects Bank's Cybersecurity Plans

Rediff.com14 Dec 2023

'We are also conducting ongoing training and grooming at the branch level to pre-empt such cyberattacks.'

AITA loses appeal, India will have to travel to Pakistan

AITA loses appeal, India will have to travel to Pakistan

Rediff.com23 Dec 2023

The ITF tribunal has rejected AITA's contention that its Davis Cup team could face security concerns during the World Group I Play-off tie in Islamabad, paving the way for an Indian tennis team's visit to Pakistan for the first time in 60 years.

'The daily numbers give me confidence'

'The daily numbers give me confidence'

Rediff.com2 Jan 2024

'We have a plan to plough back a 'This year in the first half we had profits of more than Rs 31,000 crore.' significant amount of profits this financial year.' 'We have seen this organic plough back of profit is one of best ways to support the equity of the bank.'

Wrestling trials to take place from July 20 after 'unofficial' assurance from...

Wrestling trials to take place from July 20 after 'unofficial' assurance from...

Rediff.com6 Jul 2023

The trials to short-list the wrestlers for the Asian Games will likely take place around July 20.

Geopolitical situation a bigger worry for markets than rate hikes: Analysts

Geopolitical situation a bigger worry for markets than rate hikes: Analysts

Rediff.com11 Nov 2022

An escalation in the already simmering tensions between North and South Korea, China and Taiwan, and Russia and Ukraine could prove to be a bigger worry for the markets over the next few months rather than central bank policy action, said analysts. The markets, they said, are still not fully factoring in this possibility. "The conflict between Iran and Saudi Arabia is another geopolitical worry.

Banks lead QIP revival in 2023: Listed cos raised Rs 53,070 cr so far

Banks lead QIP revival in 2023: Listed cos raised Rs 53,070 cr so far

Rediff.com20 Dec 2023

Fundraising through qualified institutional placement (QIP) has revived this year, led by commercial banks, after a lacklustre 2022. According to data compiled by Prime Database, Indian companies have raised Rs 53,070 crore in 2023 so far, of which seven banks - Union Bank of India, Indian Bank, Bank of India, Federal Bank, IDFC First Bank, Bank of Maharashtra, and J&K Bank - account for Rs 21,290 crore, or about 40 per cent. If other financial institutions are included, the figure surges to Rs 26,690 crore.

Reserve Bank likely to hold rate next month

Reserve Bank likely to hold rate next month

Rediff.com20 Jul 2015

This was the near-unanimous replies of 10 market participants.

Brics to float $100-bn currency pool

Brics to float $100-bn currency pool

Rediff.com6 Sep 2013

China would contribute $41bn towards the pool. Brazil, India and Russia would contribute $18bn each; South Africa $5bn.

Wrestlers' sexual harassment case: WFI ex-chief Brij Bhushan granted bail

Wrestlers' sexual harassment case: WFI ex-chief Brij Bhushan granted bail

Rediff.com20 Jul 2023

A Delhi court on Thursday granted regular bail to outgoing WFI chief and BJP MP Brij Bhushan Sharan Singh in a case of sexual harassment of women wrestlers.

Metal firms see China re-opening as boost to commodities

Metal firms see China re-opening as boost to commodities

Rediff.com2 Mar 2023

The re-opening of the Chinese economy, as it moves away from its zero-Covid policy, could help stabilise commodity prices, according to some of the country's top metal companies. They view this as a positive for demand, at a time when markets such as the US and Europe have been largely weighed down by slowdown concern now. "Most of us in the metals business are hoping the Chinese economy picks up because half of any metal demand, including demand for aluminium, comes from China.

Mcap of 9 of top-10 most valued firms erodes by over Rs 3 lakh cr

Mcap of 9 of top-10 most valued firms erodes by over Rs 3 lakh cr

Rediff.com30 Jan 2022

Nine of the top-10 most valued companies together lost a whopping Rs 309,178.44 crore in market valuation last week as selloffs continued. In a holiday-shortened past week, the 30-share BSE Sensex plummeted 1,836.95 points or 3.11 per cent amid geopolitical tensions, global sell-off triggered by a hawkish US Federal Reserve and unabated foreign fund outflows. From the top-10 list, State Bank of India was the lone gainer as its valuation jumped Rs 18,340.07 crore to reach Rs 467,069.54 crore.

Sensex tumbles 483 points on selling in IT, banking shares

Sensex tumbles 483 points on selling in IT, banking shares

Rediff.com11 Apr 2022

Benchmark stock indices opened the week on a muted note on Monday, with the Sensex plunging nearly 483 points due to selling in IT, capital goods and banking shares amid losses in global equities. The Sensex tanked 482.61 points or 0.81 per cent to settle at 58,964.57. During the day, it tumbled 552.78 points or 0.92 per cent to 58,894.40. The 50-issue Nifty declined by 109.40 points or 0.62 per cent to finish at 17,674.95 as 29 of its stocks declined.

Sensex gains 155 points on positive global lead, earnings optimism

Sensex gains 155 points on positive global lead, earnings optimism

Rediff.com7 Jan 2019

Gains in realty, teck, IT, power, consumer durables, banking and oil & gas stocks helped both the key indices to score gains.

SBI's US branch to get approval

SBI's US branch to get approval

Rediff.com29 Dec 2007

State Bank of India's (SBI) two-year-long wait to expand its operations in the United States is set to end with the New York State Banking Department (NYSBD) clearing the bank's application for opening another branch, senior SBI officials confirmed.

Gold prices slide as dollar strengthens

Gold prices slide as dollar strengthens

Rediff.com11 May 2007

Gold price is declining due to the strengthening of dollar in the wake of the US Federal Reserve's move to control rate on inflation concerns.

Wimbledon PIX: Serena retires; Federer survives while Zverev, Barty through to second round

Wimbledon PIX: Serena retires; Federer survives while Zverev, Barty through to second round

Rediff.com30 Jun 2021

Images from Day 2 of the Wimbledon tennis championships in London, on Tuesday.

39 years on, horrors of Bhopal gas tragedy continue to haunt survivors

39 years on, horrors of Bhopal gas tragedy continue to haunt survivors

Rediff.com2 Dec 2023

At least 3,787 people were killed and more than five lakh were affected physically after a toxic gas leaked from the pesticide factory on the intervening night of December 2 and 3, 1984.

FPIs dump shares with record net outflow of Rs 1.2 lakh cr in 2022

FPIs dump shares with record net outflow of Rs 1.2 lakh cr in 2022

Rediff.com28 Dec 2022

After three consecutive years of infusing huge funds, foreign portfolio investors retreated from the Indian equity markets in a big way in 2022 with the highest-ever yearly net outflow of nearly Rs 1.21 lakh crore. The huge outflow, which surpasses by a big margin the previous record of Rs 53,000 crore net withdrawal in 2008, came amid aggressive rate hikes by central banks globally but 2023 is expected to be better on positivity about overall macroeconomic trends in India, experts said. Apart from global monetary tightening, volatile crude, rising commodity prices along with Russia and Ukraine conflict led to an exodus of foreign money in 2022.

Sensex soars 266 pts as dovish Fed lifts global equities

Sensex soars 266 pts as dovish Fed lifts global equities

Rediff.com11 Jul 2019

Hero MotoCorp was the top gainer in the Sensex pack, spurting 4.46 per cent. IndusInd Bank, Tata Motors, Vedanta, SBI, M&M, Sun Pharma, Tata Steel, HDFC and HDFC Bank too rose up to 3.63 per cent.

Sensex skyrockets 765 points to end at new peak

Sensex skyrockets 765 points to end at new peak

Rediff.com30 Aug 2021

Bharti Airtel was the top gainer in the Sensex pack, rallying over 4 per cent, followed by Axis Bank, Tata Steel, Titan, Maruti and Bajaj Finance. NSE Nifty surged 225.85 points to its record closing of 16,931.05.

BSE: Top gainers and losers

BSE: Top gainers and losers

Rediff.com17 Dec 2015

The S&P BSE Sensex ended up 309 points at 25,804.

India's valuation premium to emerging market peers at five-month high

India's valuation premium to emerging market peers at five-month high

Rediff.com26 Aug 2022

A sharp rally in domestic stocks from June lows has once again rendered Indian markets expensive to their emerging-market (EM) peers. The 12-month forward price-to-earnings (P/E) multiple for the Nifty50 Index is around 20.6x - 82 per cent higher than 11.3 per cent for the MSCI EM Index. India's valuation premium has hit a five-month high. This is on the back of sharp outperformance to EM and global peers from June lows and also due to earnings downgrades, following the April-June quarter of 2022-23 earnings.

'Food inflation may lead to December inflation above 7%'

'Food inflation may lead to December inflation above 7%'

Rediff.com31 Oct 2022

'An eerie similarity with 2019 inflation trajectory could now mean that the RBI and market inflation estimates could go awry.'

BSE: Top gainers and losers

BSE: Top gainers and losers

Rediff.com3 Jul 2015

India's exposure to Greece being limited fuelled the rally.

After 6 years, CBI closes graft case against ex-minister Jayanthi Natarajan

After 6 years, CBI closes graft case against ex-minister Jayanthi Natarajan

Rediff.com28 Nov 2023

After six years of probe, the Central Bureau of Investigation filed the closure report before a special court last week as it could not find enough evidence in the case to proceed with prosecution, the officials said.

Sensex ends at nearly 3-year high, Nifty surges 200 points

Sensex ends at nearly 3-year high, Nifty surges 200 points

Rediff.com19 Sep 2013

Sensex witnessed the biggest single day gain since May 2009 in absolute terms.

RIL, TCS, HDFC twins drag Sensex down by 621 points

RIL, TCS, HDFC twins drag Sensex down by 621 points

Rediff.com6 Jan 2022

Tech Mahindra, the top loser in the Sensex pack, shed over 2.5 per cent. It was followed by UltraTech Cement, Reliance Industries, HCL Tech, HDFC, Kotak Bank, HDFC Bank and TCS. NSE Nifty plunged 179.35 points to 17,745.90.

Sensex soars 489 pts as dovish Fed lifts global markets

Sensex soars 489 pts as dovish Fed lifts global markets

Rediff.com20 Jun 2019

Yes Bank was the biggest gainer in the Sensex pack, rallying 10.94 per cent. Other gainers included Sun Pharma, IndusInd Bank, L&T, ICICI Bank, Maruti, Bajaj Auto, Tata Motors and ONGC, rallying up to 4.01 per cent.

Rupee outperforms most EM peers as dollar surges to a 20-year high

Rupee outperforms most EM peers as dollar surges to a 20-year high

Rediff.com1 Sep 2022

If there was one event that made the month of August stand out, it was a strengthening of the dollar index to levels last seen only 20 years ago, as the Federal Reserve dispelled all doubts about its intention to continue raising interest rates. Predictably, most currencies suffered against the US unit, with the bulk of the losers belonging to the emerging markets pack. Amid the volatility, the rupee, however, has displayed significant resilience and fared much better than most of its peer currencies.

Mcap of BSE-listed firms touches all-time high of Rs 261.73 lakh cr

Mcap of BSE-listed firms touches all-time high of Rs 261.73 lakh cr

Rediff.com23 Sep 2021

The market capitalisation of BSE-listed companies reached an all-time high of Rs 261.73 lakh crore on Thursday, helped by a massive rally in the equities where the benchmark Sensex zoomed 958 points to end at a fresh lifetime peak. The 30-share BSE benchmark jumped 958.03 points or 1.63 per cent to settle at its new closing peak of 59,885.36. During the day, it gained 1,029.92 points to touch an intra-day record high of 59,957.25.