Renovation work continues on the Marriner S. Eccles Federal Reserve Board Building, the main offices of the Board of Governors of the Federal Reserve System on December 9, 2025 in Washington, DC. Andrew Harnik | Getty Images News | Getty Images The Federal Reserve on Thursday reappointed 11 of its 12 regional bank presidents, ending…
MUMBAI: A day after US Trade Representative Jamieson Greer’s comments on India giving its best offer for a trade deal, commerce & industry minister Piyush Goyal Thursday said Washington should move ahead and sign an agreement. “His happiness is very much welcome. And, I do believe that if they are very happy, they should be…
NEW YORK: After three consecutive interest rate cuts, investors now confront an uncertain US monetary policy outlook for the year ahead, clouded by persistent inflation, data gaps, and an impending leadership change at Federal Reserve.The US Federal Reserve cut interest rates by a quarter-percentage point on Wednesday in an uncommonly divided vote, but signaled it…
MUMBAI: Relentless rally in silver continued in global markets on Thursday that in turn, combined with the rupee’s recent weakness, pushed up domestic prices on the MCX to an all-time high level of over Rs 1.9 lakh/kg. In the international market, in mid-day trades, silver prices touched a new life-peak at $63.25/ounce. In the spot…
The Election Commission has adjusted the special intensive revision schedule for poll rolls in several states and a Union Territory. New deadlines for submitting enumeration forms and publishing draft electoral rolls have been set, with final rolls expected in February 2026. This revision aims to ensure all eligible voters are included. NEW DELHI: Following requests…
Indian mutual fund assets surged past Rs 80 lakh crore in November, fueled by robust equity and hybrid scheme inflows. Despite outflows from debt funds, particularly overnight and liquid categories, investor confidence remains strong. SIP contributions continue to grow, highlighting a commitment to long-term, disciplined investing, now accounting for over a fifth of total assets….
MUMBAI: Institutional investors usually dominate pre-IPO placement, but a host of star individual fund managers crowded ICICI Prudential Asset Management’s (I-Pru MF’s) pre-IPO book. The family offices of two of India’s software sector pioneers – Azim Premji of Wipro and Shiv Nadar of HCL Group – also invested in this round, merchant bankers said. They…
Rural India’s economic health is booming, with 80% of households reporting increased consumption and 67.3% of income now dedicated to spending. A significant 42.2% saw income growth, and optimism for the next year is at its highest since September. Capital investment has also surged, driven by strong consumer demand and income gains, not credit issues….
BENGALURU: The Delaware Bankruptcy Court in US reversed its earlier $1 billion default damages judgment against Byju Raveendran and ordered a fresh phase of proceedings to determine whether any damages are owed, according to an amended order issued after Raveendran filed a motion seeking correction. The court held that damages were not determined on the…
Bitcoin BTC$93,087.73 clawed back to $93,000 on Thursday as traders digested the Fed decision, but altcoins mostly didn’t join in the bounce. Slipping to $89,000 after the Federal Reserve’s Wednesday rate cut and a sharply lower open for U.S. stocks, bitcoin recently was trading at $93,000, up marginally over the past 24 hours. Altcoins mostly…
