728 x 90



  • Indian economy showing resilience and recovery: CEA

    Indian economy showing resilience and recovery: CEA0

    However, there are challenges, and geopolitics is messy for which foreign investors are cautious, the CEA said. Chief Economic Advisor (CEA) V Anantha Nageswaran has said the Indian economy was on the path to recovery but cautioned that foreign investors may remain cautious because of geopolitical challenges. Speaking at a virtual seminar organised by Swadeshi Research Institute,

    READ MORE
  • Oil Prices Hover Near 8-Mth Low as Recession Fears Dent Outlook

    Oil Prices Hover Near 8-Mth Low as Recession Fears Dent Outlook0

    Oil prices held near eight-month lows on Monday after falling sharply last week, as markets feared that slowing global economic activity will dent demand for crude. London-traded Brent oil futures rose 0.3% to $85.29 a barrel, while U.S. West Texas Intermediate futures were unchanged at $78.67 a barrel by 21:30 ET (01:30 GMT). Both contracts

    READ MORE
  • CFPB Study Outlines Need for “Buy Now, Pay Later” Rules

    CFPB Study Outlines Need for “Buy Now, Pay Later” Rules0

    Researchers found BNPL often relies on data collection and other consumer risks. The Consumer Financial Protection Bureau (CFPB) is gearing up to place the same type of stringent protections it places on credit card companies on the “Buy Now, Pay Later” (BNPL) industry, following the release of a recent study on the practice. Officials said

    READ MORE
  • Asian Stocks Slammed by Fed Rate Hike Risks

    Asian Stocks Slammed by Fed Rate Hike Risks0

    Asian stock markets sank on Wednesday, tracking overnight losses on Wall Street as investors awaited an interest rate hike and more hawkish signals from the Federal Reserve. Hong Kong’s technology-heavy Hang Seng index continued to lag its peers, falling 1.5%, while Japan’s Nikkei 225 index lost 1.3%. The day’s losses also negated a soft rebound seen earlier

    READ MORE
  • 10-year yields highest since 2011 before expected Fed rate hike

    10-year yields highest since 2011 before expected Fed rate hike0

    Data last week showed higher-than-expected consumer prices in August, dashing hopes that the worst of rising price pressures may be in the past. Benchmark 10-year U.S. Treasury yields jumped to their highest level since 2011 on Monday as investors adjusted for the likelihood that the Federal Reserve will hike rates higher and for longer than

    READ MORE
  • Dow Futures Tick Higher After Indices Post Their Worst Week Since June

    Dow Futures Tick Higher After Indices Post Their Worst Week Since June0

    US. stock futures were trading slightly higher during Sunday’s evening deals, after major benchmark indices posted their greatest weekly losses in 3 months, with investors remaining cautious amid persistent inflation fears ahead of Federal Reserve’s two-day meeting and rate decision later this week. By 19:10 ET (23:10 GMT) Dow Jones Futures and S&P 500 Futures

    READ MORE