Mumbai: Monday proved to be disastrous day in the history of the Bombay Stock Exchange. Fearing adverse impact on the economy due to the scare of ‘Coronavirus’, which has forced 25 Indian states under lockdown, the stock market saw its largest fall. The BSE sensex fell by almost four thousand points. The entire day saw […]
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New Delhi: The crude oil rates are crashing in the international markets. The crude oil rates have plummeted by nearly 40% in the last week, resulting in a slide of USD 30 per barrel. As per experts, the sliding oil prices in the international markets become an opportunity for a country like India, who imports […]
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Moscow: Experts at the international level have been warning that US-China trade war, uncertainty regarding Brexit, tensions over the Iran issue and the sanctions imposed by the United States against various countries would be the factors precipitating a global recession. Against the backdrop of this looming recession, it is reported that Russia has increased its […]
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Beijing/Washington: China has fuelled the trade war further by imposing taxes on US goods worth $60 billion. Coming close on the heels of the Chinese announcement, global stock market dipped, and it’s currency Yuan hit a four-month low. Reacting ferociously to Chinese taxes, President Donald Trump ranted that he would not let the United States […]
Read More »Washington/London/Tokyo: Share markets the world over crashed for the second day is succession because of the indications of increase in interest rates by the United States central bank, the ‘Federal Reserve’ and rising inflation. The slide in the United States stock market is being strongly echoed in the European and the Asian countries, while investors and […]
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Washington : US President Donald Trump has given indications that the emergency oil stockpile, kept for a propective disaster should be put up for sale. This proposal has been worked out to reduce the burden of indebtedness on the US economy. As per a statement from the White House on Monday, reserves till 2018 could […]
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New Delhi: Employees Provident Fund Organization (EPFO) had decided to invest in equity in a bid to increase the earnings on its funds and got the necessary approvals from the Central Government. It is learnt that EPFO has earned a return of 7.45% by investing in the Exchange Traded Funds (ETF) linked to the share market. […]
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On Friday last, Raghuram Rajan the Governor of the Reserve Bank (RBI) announced his decision to not continue in office in the following term. This decision was expected to demonstrate its repercussions on the market by the following Monday. With the fear of ‘Brexit’ still looming large, the share market was believed to be headed […]
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Washington/Beijing – The top US newspaper has claimed that the model of economic progress that took China to become the second-largest economy in the world is over. The data revealed in the last few months confirm that the Chinese economy, which has maintained the pace of economic growth for nearly four decades, encompasses various crises. […]
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Washington/London/Brussels: The world’s leading central banks have again announced interest rate hikes, amid signs of a global economic slowdown. The European Central Bank, the Bank of England, and the US Federal Reserve increased interest rates. The Federal Reserve increased by 0.25 per cent, and the United States’ interest rate reached 4.75 per cent. Jerome Powell, […]
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