Tag: Federal Reserve rate cut

World shares dipped from record highs amid Middle East tensions, while China's stocks surged 8.5% due to government stimulus. U.S. futures fell 0.3%, and European stocks declined nearly 1% amid poor auto sector outlooks. The dollar firmed, and gold approached $2,685 an ounce.(Reuters)
Posted in Business

China stocks surge in biggest single-day rally since 2008 on stimulus cheer

World shares edged off record highs on Monday as strife in the Middle East fuelled economic uncertainty, just as China shares posted their biggest one-day…

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RBI may do what Fed has done with rates. But you need to wait
Posted in Economy

RBI may do what Fed has done with rates. But you need to wait

Federal Reserve’s recent 50 basis point (bps) rate cut may make the Reserve Bank of India (RBI) consider a similar move. However, a rate cut…

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IT and pharma stocks nudge Indian shares higher
Posted in Business

IT and pharma stocks nudge Indian shares higher

By Bharath Rajeswaran IT and pharma stocks nudge Indian shares higher BENGALURU -Indian shares recovered from a lacklustre start to end higher on Tuesday, with…

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