Oil price have started rising as President Barack Obama's efforts to win backing for a military strike against Syria cleared its first hurdle.
The US FOMC concludes its two-day meeting today while the Bank of Japan will start its two-day meeting today.
Most Asian currency and equity markets too suffered steep losses due to US rate hike fears.
The S&P BSE Sensex slipped 305 points to end at 25,400 and the Nifty50 dropped 87 points at 7,783.
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.
'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.'
Grand Slam champions Daniil Medvedev from Russia and Belarusian Victoria Azarenka will not be able to participate in the June 27-July 10 tournament.
It will be difficult for the Indian equity to outperform overall growth to the extent bullish observers expect.
Based on the GDP numbers and the remarkable stability of the taka Bangladesh's Prime Minister, Sheikh Hasina, is a better manager than our 'economist prime minister',' says TVR Shenoy.
India's numbers have shown a reasonable amount of improvement.
This rally is largely being driven by hopes that the Modi government will drive economic growth higher, and, thus, increase earnings growth for companies.
RBI's intention to keep its target inflation rate at 5% was the main reason behind keeping rates unchanged, says Adhil Shetty, CEO of BankBazaar.com.
The law, which dilutes the Indian capital's autonomy and emasculates the elected local government's powers, will be a political millstone for the party for the next elections, reports Aditi Phadnis
During the first US presidential debate, moderator Chris Wallace asked Trump about The New York Times report which revealed that Trump paid $750 in federal income taxes in 2016 and 2017 and also he had paid no income taxes at all in 10 of the previous 15 years starting in 2000.
The rupee had gained nine paise to close at nearly one- month high of 61.84 against the dollar in yesterday's trade after the government said in the interim Budget that fiscal deficit this financial year will be capped below target.
In addition to declaring a national emergency, US President Trump has approved major disaster declarations for New York, California, Washington, Iowa, Louisiana, North Carolina, Texas and Florida.
'One way of doing this could be offering credit guarantee to the banks, say 10 per cent, for fresh loans given to micro, small and medium enterprises,' observes Tamal Bandyopadhyay.
The Indian economy has recovered 'handsomely' from the pandemic-induced disruptions, former Niti Aayog vice chairman Arvind Panagariya said on Tuesday, while expressing hope that the recovery will be sustained and the growth rate of 7 to 8 per cent will be restored. Panagariya suggested that the government must now signal its intention to wind down fiscal deficit by cutting it by half-to-one percentage point in 2022-23. "The Indian economy has recovered handsomely, returning to its pre-COVID GDP... "Only private consumption is still below its pre-COVID-19 level," the eminent economist told PTI in an interview.
In all, 37 central banks around the world have eased monetary policy so far this year to boost growth, fight deflation or both
Park is charged with one count of conspiracy to commit computer fraud and abuse and one count of conspiracy to commit wire fraud.
The gains will provide a much-needed reprieve after the rupee fell for a fifth week and hit an over two-month low last week in trade.
The first fatality from COVID-19 was reported from the Washington state on February 26.
Despite accounting for the largest number of fatalities, the death rate, however, in the US is much lower than other countries.
The BSE IT sector, however, failed to snap a three-day losing streak and closed around 0.14 per cent lower.
Twitter "took extraordinary steps to suppress" The New York Post's Hunter Biden laptop story, removing links and posting warnings that it may be "unsafe."
Economic recovery in US, euro zone help; new orders sub-index at 52.4
Manchester City and Everton players took to the field wearing Ukrainian flags before their Premier League game on Saturday while there were anti-war messages at stadiums elsewhere following Russia's invasion of Ukraine.
The 30-share Sensex closed down 114 points at 28,622 and the 50-share Nifty ended down 37 points at 8,686.
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Markets ended flat on Tuesday, amid a volatile trading session, as investors exercised caution ahead of the two-day FOMC meet starting today and Reserve Bank of India's monetary policy later this week.
A stable dollar will at minimum reduce incremental cross-currency pain for Indian cos.
Prime Minister Narendra Modi's idea of cooperative federalism is expected to be on display in the 2015-16 Budget.
The agreement on sharing of financial information is a distinct and welcome break from its trend.
There are lessons for the Congress to learn from the Karnataka elections of how burying the hatchet among top leaders and not washing dirty linen in public can help, says Ramesh Menon.
The US House of Representatives averted a government shutdown on Thursday, narrowly passing a $1.1 trillion spending bill despite strenuous Democratic objections to controversial financial provisions.
Private banks are assumed to be more efficient at intermediating between depositors and investors.
The deficit data was the latest in a run of positive signs for the sluggish domestic economy and could put India in a better position should the Fed start tapering, than in the summer when the rupee hit a record low.
CPI inflation has declined by almost a percentage point from July, from close to eight per cent to just above seven per cent.
Political risk culminating from elections in the US and Latin America, and evolving right-wing populism in Europe could lead to substantial volatility, say Abheek Barua & Tushar Arora.
The US dollar index, which measures the greenback's strength against a trade-weighted basket of six major currencies, was up by 0.31 per cent at 97.52.
A mixed global trend and weakness in rupee influenced the sentiments during the day.
