On Monday, there was a noticeable increase in gold rates across India. In Delhi, the current price for 10 grams of 24-carat gold stands at ₹75,310. Meanwhile, on the MCX, gold contracts…
Tag: rate
Silver Rate Today (May 20, 2024): Prices Across Major Indian Cities
On Monday, there was a noticeable hike in silver rates across India. In Delhi, the current rate for 1kg of silver is ₹ 101000. Meanwhile, on the MCX, silver contracts for June…
Stock market today: US indexes drop as investors sour on pace of Fed rate cuts
US stocks fell sharply as investors are turning skeptical on a Fed rate cut by June. The 10-year Treasury yield hit its highest since November. US stocks fell for a third straight…
JPMorgan warns of a growing disconnect between continued stock gains and delayed rate cuts
The soaring stocks’ growing gap with the Fed’s continued pushback on interest rate cuts should be worried, says JPMorgan. Rate-cut expectations have snapped back to 80 bps, reminiscent of last October’s downturn…
Stock market today: US indexes tumble as hot data has investors skeptical about rate cuts
Stocks continued falling from Monday’s losing session, after hot manufacturing data dented hopes of a June rate cut. Futures markets now hold odds of a June cut at less than 60%. US…
Stock market today: S&P 500, Nasdaq notch records as Powell reiterates rate cuts are coming
US stocks climbed Thursday following Jerome Powell’s testimony to Congress. The S&P 500 and Nasdaq both hit record highs in trading. US stocks notched fresh records on Thursday as investors cheered comments…
Stock market today: S&P 500 hits record as Powell reaffirms rate cuts
The S&P 500 hit a record high as traders took in Jerome Powell’s comments on 2024 rate cuts. Powell kicked off a second day of congressional testimony at 10 a.m. ET. The…
Too many regulatory guardrails could impede growth rate: Uday Kotak
New Delhi, Veteran banker Uday Kotak on Tuesday said that too much regulatory guardrails could impede economic growth and halt India‘s journey towards a developed nation. Regulators should not be too conservative…
RBI may not cut repo rate any soon or for six months: Economists
Chennai, With the Reserve Bank of India‘s (RBI) Monetary Policy Committee (MPC) deciding to retain the repo rate at 6.5 per cent, economists are of the view that a rate cut may…
S&P 500 closes at a new all-time high as fresh data drives optimism for rate cuts
The S&P 500 notched an all-time record on Friday, closing above its previous high set two years ago. The Dow and Nasdaq also surged as traders took in strong economic data. Strong…