The next policy meeting will be in mid-June, when the panel will be joined by Stanley Fischer, the former Bank of Israel governor whose nomination to the Fed's board was confirmed on Wednesday by the US Senate.
A fearless competitor who used brain and brawn in equal measure, Subhas Bhowmick was one of the most fascinating characters in Indian football through the 1970s with his muscular built and equally expressive carefree opinions.
Dealers expect prices to fall further, owing to an impending rate hike in the US
The Dow has never lost more than 800 points in a day.
Tuesday's was the S&P's worst drop since August 24.
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The local currency opened at 62.20 a dollar from the previous close of 61.93 and immediately touched a low of 62.29 at the interbank foreign exchange market.
US economic growth slowed sharply in the fourth quarter.
'This has been an emotional week and I want to thank everyone for the outpouring of support.'
Abheek Barua & Bidisha Ganguly explain why the US treasury should intervene if the overvalued greenback continues to rise.
Among all the geographies where Amazon is fighting regulators, India is the only place where its lines are also tangled in a major corporate battle, this one with India's largest company by market capitalisation over the acquisition of Mumbai-based Future Group's retail chain, the country's second largest. No other corporate entity in any country offers a challenge to Amazon's hegemony in a way Reliance Industries does - and the final hearing of an arbitration case filed at the Singapore International Arbitration Centre between the two may decide at least some of these issues. This legal battle between one of the world's most powerful corporations and one of India's most powerful conglomerates could be complicated by a host of other developments.
The U.S. economy grew faster than initially thought in the second quarter.
Monday's drop followed an 8.5 per cent slump in Chinese markets.
March and April payrolls were revised to show 32,000 more jobs.
Relentless schedule taking toll on big-name tennis players.
A summary of sports events and sports persons, who made news on Friday.
'I can confidently say there will be another financial crisis soon enough, and probably more than one global crisis within the next century, given the increasingly integrated nature of the global economy.'
'Since the NDA took office in 2014, and aggressively since 2019, the Union government seems hell bent on centralising all power and resources, only to fail spectacularly.'
Barclays is not alone in trying to decide the best size and shape of its investment bank in a changed regulatory landscape.
So unless you are convinced of getting your market timing absolutely bang on everytime, opting for SIPs is more realistic from a logistical and psychological standpoint, says Larissa Fernand
Yes, India needs desperate measures to kick-start growth. But selling off its lungs to the highest bidder to hack away cannot be the way out, says Sumit Bhattacharya.
A summary of sports events and persons who made news on Thursday
IS-Khorasan was sanctioned for its links with Al Qaeda and involvement in several deadly attacks in Afghanistan and Pakistan that killed over 150 people.
And why markets could give up 25 per cent of all these gains made since March 2020
U.S. economic growth braked more sharply than expected in the first quarter.
2016 is difficult to predict, and this uncertainty will drive volatility in global markets.
Accommodative monetary policy has driven a bull market in stocks in recent years, but the Bank of England is expected to raise interest rates early next year and the U.S. Federal Reserve not long after, tempering future gains.
Aaron Schock, who resigned as US Congressman on Tuesday night following media disclosures of his loose spending habits, met Narendra Modi thrice. These encounters were not free of controversy either.
Some investors had speculated that the US central bank might put its plans on hold given the jitters overseas.
Surging value of dollar may be posing the biggest threat to US corporate earnings.
Spending at restaurants and bars grew more than 8 per cent compared to the year before.
Given the relative rates of gross domestic product growth, the differential will increase.
Sahara relied on a letter from bank saying the funds were there.
All Russian diplomats, connected to the country's intelligence agencies, and their families have been given seven days' time to leave the country.
In a significant departure from tradition, the United States has decided to host Prime Minister Narendra Modi by working out a "special gesture date" around the 69th Session of the United Nations General Assembly meeting that is scheduled to take place on September 26 in New York.
'If the museum in his memory inspires and instils among Brahminical British Indians an attitude of equality towards Dalits, the edifice would be worth it,' reports Ashis Ray.
when the Maharashtra delegation of small and medium businesses arrived in the US on October 9, the Indian consulate decided against holding a standard reception replete with boilerplate speeches. Rather, the consulate put together a programme that would increase the chances of things working out for them. They held an event on Lex Terrae (law of the land).
Reliance chairman Mukesh Ambani has moved 2 ranks ahead this year on the most powerful list.
The move makes Captain Simratpal Singh, a 28-year-old decorated combat veteran, the first active duty Sikh soldier to receive approval to maintain his articles of faith while actively serving in the US army.
They believe that long-term story is intact.
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