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Global markets steadied on Thursday after the US Federal Reserve cut interest rates by 25 basis points but signaled a cautious approach to further easing.US equity futures rose around 0.3–0.4% after a volatile Wall Street session, where the Dow Jones Industrial Average gained 0.57% to close at 46,018.32, while the S&P 500 slipped 0.10% to…
Market experts predict continued upward movement, supported by progressive trade negotiations, Fed rate cut effects on global liquidity. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in green on Monday on positive global cues following US Federal Reserve rate cut move. While Nifty50 went above 25,400, BSE Sensex…
NEW DELHI: Reduction of GST (goods and services tax) from 12% to 5% across the renewable energy value chain is expected to bring down the power procurement costs of discoms (distribution utilities) across the country by roughly Rs 3,000 crore annually, the government said on Wednesday.The savings may not lead to reduction in consumer tariffs…
India’s fundamental growth story remains strong, but the stock market volatility has been particularly significant this year. (AI image) The US Federal Reserve Chairman Jerome Powell-led Federal Open Market Committee (FOMC) cut rates by 25 basis points on Wednesday. The rate cut was on expected lines, and came amidst rising pressure from US President Donald…
Canada’s central bank on Wednesday lowered its key lending rate to 2.5%, giving some relief to borrowers as the country’s economy feels the strain of US President Donald Trump’s trade war.The Bank of Canada had kept its rate steady at 2.75% since March, while assessing the impact of Trump’s shifting tariffs on Canadian businesses that…
The government is working on building a comprehensive, integrated electronic database of land records that will clearly establish ownership rights in both rural and urban areas, supported by cadastral maps, land resources secretary Manoj Joshi told ET.Officials believe the move will enhance real-time access to land ownership details, improve the utilisation of land resources, reduce…
JPMorgan Chase & Co will cut the weight of the largest bond issuers in its flagship emerging-market index, diverting investor flows from the likes of China and India toward smaller nations. The Wall Street bank will gradually lower the issuer cap on its GBI-EM Global Diversified index in the first half of 2026, according to…
The US Federal Reserve opened a key interest rate meeting on Tuesday, just hours after Donald Trump’s close aide Stephen Miran was sworn in as a governor of the central bank, while another top official, Lisa Cook, is fighting the president’s attempt to oust her.Miran, who has been a senior adviser to Trump, took the…
NEW DELHI: Mother Dairy on Tuesday announced that it will reduce prices across most of its value-added dairy and processed food products from September 22 after deciding to pass on 100 per cent of the Goods and Services Tax (GST) benefits to consumers.The company said that paneer (200 gm pack) will now cost Rs 92…
MUMBAI: You will soon be able save more when you shop for groceries because prices of a host of products you use daily – from jams to shampoos are set to get cheaper. With barely a week to go for the rollout of the new GST rates, FMCG companies have begun firming up price cut…
