US Federal Reserve

Timelines
Why Sitharaman's stimulus package has left stock market unimpressed

14 May 2020

Why Sitharaman's stimulus package has left stock market unimpressed

Domestic stocks plunged on Thursday as the government's stimulus package to revive the economy left investors unimpressed.

Facebook co-founder bashes company's cryptocurrency plans, calls them 'frightening'

22 Jun 2019

Facebook co-founder bashes company's cryptocurrency plans, calls them 'frightening'

Just a few days back, Facebook announced Libra, a cryptocurrency based on a blockchain-based network called Calibra.

US Federal Reserve raises lending rate; signals slower pace ahead

20 Dec 2018

US Federal Reserve raises lending rate; signals slower pace ahead

The US central bank raised the benchmark borrowing rate yesterday, but gave the clearest sign to date that it will go slow on additional increases as it watches the economy.

35 US-banks would survive global economic recession: US Federal Reserve

22 Jun 2018

35 US-banks would survive global economic recession: US Federal Reserve

The US's 35 largest banks are "strongly capitalized" and would survive a severe global economic recession, the Federal Reserve announced.

Rupee weakens yet again; tanks 23 paise against USD

28 Feb 2018

Rupee weakens yet again; tanks 23 paise against USD

Falling for the third straight session, the rupee weakened by 23 paise to 65.10 against the US dollar to hit its three-month low in opening trade at the forex market today.

Sensex plunges 1270 points, the biggest decline since 2015

06 Feb 2018

Sensex plunges 1270 points, the biggest decline since 2015

The BSE's benchmark Sensex crashed below the 34,000-mark, plunging 1,271 points to 33,482.81 while NSE's Nifty50 sank below the 10,300-mark, slumping 390 points to 10,276.

Gold prices steady after four-month low

13 Dec 2017

Gold prices steady after four-month low

After falling continuously since a week, gold prices hit a four-month low yesterday, after a dip of Rs. 180 in the Delhi bullion market.

RBI keeps repo-rate unchanged at 6% for second consecutive time

06 Dec 2017

RBI keeps repo-rate unchanged at 6% for second consecutive time

The RBI's six-member Monetary Policy Committee (MPC) has kept the repo rate unchanged at 6%, second time in a row, in its fifth bi-monthly policy review.

Ex-RBI governor Raghuram Rajan to next head US Federal Reserve?

01 Nov 2017

Ex-RBI governor Raghuram Rajan to next head US Federal Reserve?

Former governor of the Reserve Bank of India, Raghuram Rajan, makes for an ideal candidate to head the US Federal Reserve, says international financial magazine Barron's.

Gold prices reach 11-month high over North Korea tensions

09 Sep 2017

Gold prices reach 11-month high over North Korea tensions

On Friday, the price of gold rose by Rs. 990 to Rs. 31,350 per 10 grams over global cues, reaching the highest price in 11 months.

US job growth see better than expected growth, wages lag

08 Jul 2017

US job growth see better than expected growth, wages lag

The US economy added 222,000 jobs in June, according to the US Department of Labor.

US Federal Reserve hikes interest rate, plans balance sheet reduction

15 Jun 2017

US Federal Reserve hikes interest rate, plans balance sheet reduction

The Federal Reserve has hiked its benchmark lending rate by a quarter percentage point to 1.25% from its erstwhile 1%, showing its conviction in the US economy's growth and the job market performance and said that there is a chance of another hike later this year.

US Federal Reserve hikes benchmark interest by 0.25%

16 Mar 2017

US Federal Reserve hikes benchmark interest by 0.25%

The US Federal Reserve raised its benchmark interest rate for the second time in three months by 0.25% to a range of 0.75-1%.

Sensex down 84 points after Fed rate hike

15 Dec 2016

Sensex down 84 points after Fed rate hike

The Sensex closed 83.77 points down after the US Federal Reserve hiked interest rates, indicating more hikes in 2017.

Sensex increases amidst signals of a Federal Reserve rate hike

14 Dec 2016

Sensex increases amidst signals of a Federal Reserve rate hike

Despite reports signalling an increasing possibility of a US Federal Reserve rate hike this month, India's Sensex managed to close higher on the Bombay Stock Exchange.

RBI cuts repo rate to 6.25%, markets rally

04 Oct 2016

RBI cuts repo rate to 6.25%, markets rally

The Reserve Bank of India cut its repo rate by 25 basis points to lower it to 6.25%.

BSE-Twitter tie up to provide investors live stock notifications

19 Sep 2016

BSE-Twitter tie up to provide investors live stock notifications

Bombay Stock Exchange has tied up with social media platform Twitter to enable its investors to obtain live stock information and updates.

Urjit Patel taking charge as RBI Governor on 6 September

04 Sep 2016

Urjit Patel taking charge as RBI Governor on 6 September

With Raghuram Rajan's tenure as RBI Governor seeing an end after he announced his decision to step down from taking up a second term, Urjit Patel will take over the reins as his successor on Tuesday.