News for 'United States Federal Reserve'

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'.

10 things to know about Gita Gopinath, IMF's new chief economist

10 things to know about Gita Gopinath, IMF's new chief economist

Rediff.com6 Oct 2018

Announcing her appointment, IMF Managing Director Christine Lagarde hailed the Mysore-born Gopinath as "one of the world's outstanding economists with impeccable academic credentials, a proven track record of intellectual leadership and extensive international experience".

China quietly developing military bases in Pacific islands

China quietly developing military bases in Pacific islands

Rediff.com25 Nov 2021

According to the Singapore Post, Kiribati a Micronesian country is discussing opening up its largest marine reserves to commercial fishing which may serve a dual purpose like a naval base for the Chinese as well.

UNSC sanctions Islamic State's South Asia Branch

UNSC sanctions Islamic State's South Asia Branch

Rediff.com15 May 2019

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.

Consumption story gets a facelift as rural demand shows promise

Consumption story gets a facelift as rural demand shows promise

Rediff.com16 Apr 2024

Consumer goods firms and auto companies are witnessing an upturn in rural demand, which had been lagging for most of FY24. Expectations of a bumper rabi crop harvest have helped turn the tide. The Reserve Bank of India's (RBI's) Monetary Policy Committee kept the repo rate unchanged last week, noting that as rural demand catches up, consumption is expected to support economic growth in 2024-25.

Buffett says if he ran Fed, he would not raise rates significantly

Buffett says if he ran Fed, he would not raise rates significantly

Rediff.com1 Apr 2015

"I probably wouldn't do much," Buffett said when asked what he would do if he ran the Fed.

Avoid going to media with...: Kharge to Cong leaders

Avoid going to media with...: Kharge to Cong leaders

Rediff.com17 Sep 2023

He said the people are looking for an alternative and the Congress' victories in Himachal Pradesh and Karnataka elections are clear proof of this.

Gold soars by Rs 600 in Mumbai's Zaveri Bazar

Gold soars by Rs 600 in Mumbai's Zaveri Bazar

Rediff.com4 Jul 2019

Meanwhile, retail jewellery sales in India have declined by 50 per cent since gold price started its uptrend nearly two weeks. Buyers deferred their fresh purchase amid expectations of a correction in gold prices from the current high level.

US Fed signals the end of crisis-fighting

US Fed signals the end of crisis-fighting

Rediff.com20 Mar 2015

Fed is still concerned about weak export growth.

Himachal Rain Havoc Devastates Business

Himachal Rain Havoc Devastates Business

Rediff.com25 Aug 2023

Tourism is badly affected. Entire apple orchards have been washed away. 2 million people are threatened with loss of livelihood.

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.

Rupee at one-week high ahead of US jobs report

Rupee at one-week high ahead of US jobs report

Rediff.com7 Feb 2014

The partially convertible rupee ended at 62.2825/2925 per dollar.

Google pushes UPI model of digital payments for US Fed

Google pushes UPI model of digital payments for US Fed

Rediff.com15 Dec 2019

In August, the Fed announced that it would develop a "new interbank 24x7x365 RTGS with integrated clearing functionality to support faster payments in the United States". The Fed Board asked for comments on FedNow by November. In reply to this, Google mentioned its experience of launching Google Pay -- Google's payments app which uses the UPI -- in India.

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.

Will Phase 6 Stun BJP?

Will Phase 6 Stun BJP?

Rediff.com28 May 2024

In Phase 6, indications are that the BJP, which is defending 40 seats, will lose in double digits and gain in single digits. Not good, if you are the ruling party scrambling to earn a working majority, with just one phase left to go, argues Prem Panicker.

Article 370 itself has self-limiting character, SC tells petitioner

Article 370 itself has self-limiting character, SC tells petitioner

Rediff.com23 Aug 2023

The bench posed questions to senior advocate Gopal Sankaranarayanan, appearing for one of the petitioners Soayib Qureshi, who has challenged the Centre's August 5, 2019 decision to abrogate the provision.

LS passes women's quota bill by 454 vs 2 votes amid demand for OBC quota

LS passes women's quota bill by 454 vs 2 votes amid demand for OBC quota

Rediff.com21 Sep 2023

After a spirited eight-hour debate in which 60 members participated, the Lok Sabha passed the Constitution (128th Amendment) Bill, with 454 members voting in favour and two against it.

Why dollar will strenghten against the rupee

Why dollar will strenghten against the rupee

Rediff.com10 Oct 2014

Some type of global shock adds to the allure of the dollar.

Oppn corners govt on price rise, unemployment; says breaching states' rights

Oppn corners govt on price rise, unemployment; says breaching states' rights

Rediff.com2 Feb 2022

Leader of Opposition Mallikarjun Kharge, speaking on the Motion of Thanks on the President's address, charged the government with not delivering on its various promises, including generating two crore jobs per year.

Markets end flat on caution ahead of Fed, RBI meet

Markets end flat on caution ahead of Fed, RBI meet

Rediff.com16 Sep 2013

The broader markets ended negatively with mid-caps and small-caps shedding 0.5 per cent on the BSE.

Why is RBI copying US Fed?

Why is RBI copying US Fed?

Rediff.com14 Oct 2020

'India is not so distant from years of high and entrenched inflationary expectations that it should start trying to play games with the economy the way the West's central bankers think they are entitled to,' argues Mihir S Sharma.

Rupee sees worst fall in over a month

Rupee sees worst fall in over a month

Rediff.com9 Sep 2014

The rupee appreciated by 10 paise to close at a nearly six-week high of 60.29 against the US dollar in the previous session tracking a solid rally in local shares and continued dollar selling by exporters and some banks.

Rupee holds 2-1/2 mth low at 67.49, down 5 paise

Rupee holds 2-1/2 mth low at 67.49, down 5 paise

Rediff.com23 May 2016

A massive outflows of foreign funds on the back of stricter participatory notes and renewed possibility of Fed lifting US interest rates largely impacted the domestic unit.

Rupee rebounds to end at 66.71 vs US dollar

Rupee rebounds to end at 66.71 vs US dollar

Rediff.com10 Dec 2015

The Indian rupee on Thursday appreciated by 12 paise to end at 66.71.

H-1B, L-1 visa fees to be hiked massively

H-1B, L-1 visa fees to be hiked massively

Rediff.com5 Jan 2023

The Biden administration has proposed a massive hike in immigration fees, including the much sought-after H-1B visas for high-skilled foreign workers, which is very popular among Indian tech professionals. Under the proposed rule, published by the US Citizenship and Immigration Services (USCIS) on Wednesday, the application for the H-1B visa increases from $460 to $780, and L-1 from $460 to $1,385. The application fee for O-1 visas has been proposed to increase from $460 to $1,055.

Extras: 'Don't stop games over homophobic chants'

Extras: 'Don't stop games over homophobic chants'

Rediff.com10 Sep 2019

News of all that's transpired on and off the football field

SC rules in favor of Delhi govt, gives control over services except police

SC rules in favor of Delhi govt, gives control over services except police

Rediff.com11 May 2023

Hearing the Centre versus the Delhi government over the issue of demarcation of power, a constitution bench headed by Chief Justice D Y Chandrachud said an elected government needs to have control over the administration.

India, fastest-growing major economy, likely to grow 6.4% in 2022: UN

India, fastest-growing major economy, likely to grow 6.4% in 2022: UN

Rediff.com19 May 2022

As the Ukraine conflict impacts the global GDP, India is projected to grow by 6.4 per cent in 2022, slower than the last year's 8.8 per cent but still the fastest-growing major economy, with higher inflationary pressures and uneven recovery of the labour market curbing private consumption and investment, according to a UN report. The UN Department of Economic and Social Affairs said in its World Economic Situation and Prospects (WESP) report released on Wednesday that the war in Ukraine has upended the fragile economic recovery from the pandemic, triggering a devastating humanitarian crisis in Europe, increasing food and commodity prices and globally exacerbating inflationary pressures. The global economy is now projected to grow by only 3.1 per cent in 2022, down from the 4.0 per cent growth forecast released in January 2022.

2 prominent Indian-Americans among Biden's core advisers

2 prominent Indian-Americans among Biden's core advisers

Rediff.com30 Oct 2020

Biden, 'plotting an ambitious presidency that would begin amid twin health and economic crises, is leaning on veteran advisers with high-level governmental experience rather than outsiders and ideological rivals to help guide him on subjects including the coronavirus pandemic and the country's diminished standing in the world', a report in The New York Times said.

'I expect 8% growth next year'

'I expect 8% growth next year'

Rediff.com29 Dec 2023

'We will see a lot of investments from the private sector.' 'As long as we are not impacted by some global events, I think we will be in a strong place.'

Sensex recovers from 3-month low ahead of Fed meet; auto, oil fall

Sensex recovers from 3-month low ahead of Fed meet; auto, oil fall

Rediff.com14 Dec 2015

Benchmark share indices opened lower on Monday, amid weak global cues, as investors turned cautious ahead of the US Federal Reserve stance on interest rate.

Rupee falls; on course to end 2013 as one of Asia laggards

Rupee falls; on course to end 2013 as one of Asia laggards

Rediff.com30 Dec 2013

Traders say the outlook for the rupee has improved on the back of a sharp narrowing in the current account deficit after government and central bank emergency measures such as curbing gold imports.

Sensex ends higher led by oil stocks; US FOMC meet eyed

Sensex ends higher led by oil stocks; US FOMC meet eyed

Rediff.com15 Dec 2015

ICICI Bank, HDFC Bank, IndusInd Bank down between 0.2%-1.4% each.

Bankers say end of loose monetary policy era has fuelled volatility

Bankers say end of loose monetary policy era has fuelled volatility

Rediff.com21 Jan 2016

We may now be experiencing the darker side of the massive monetary stimulus of past years, said Rajan.

Rupee dives to 3-mth low on strong dollar

Rupee dives to 3-mth low on strong dollar

Rediff.com28 Feb 2018

Most Asian currency and equity markets too suffered steep losses due to US rate hike fears.

Petrol, diesel may get dearer as int'l prices head north

Petrol, diesel may get dearer as int'l prices head north

Rediff.com5 Sep 2013

Oil price have started rising as President Barack Obama's efforts to win backing for a military strike against Syria cleared its first hurdle.

Sensex ends 331 points higher; Fed decision, BoJ meet awaited

Sensex ends 331 points higher; Fed decision, BoJ meet awaited

Rediff.com15 Jun 2016

The US FOMC concludes its two-day meeting today while the Bank of Japan will start its two-day meeting today.

Sensex plunges 305 points on Fed rate hike likelihood, weak rupee

Sensex plunges 305 points on Fed rate hike likelihood, weak rupee

Rediff.com19 May 2016

The S&P BSE Sensex slipped 305 points to end at 25,400 and the Nifty50 dropped 87 points at 7,783.

Wimbledon bars players from Russia and Belarus

Wimbledon bars players from Russia and Belarus

Rediff.com21 Apr 2022

Grand Slam champions Daniil Medvedev from Russia and Belarusian Victoria Azarenka will not be able to participate in the June 27-July 10 tournament.

Fed's Yellen: An orthodox economist for unorthodox times

Fed's Yellen: An orthodox economist for unorthodox times

Rediff.com15 Dec 2015

Janet Yellen is guiding the Federal Reserve towards its first rate rise in a decade armed with traditional economic models that some economists worry could fail her in a world of massive money printing and near zero rates.