Tag: rate cuts

Gold and silver prices are on the rise due to weak US consumer confidence and central bank purchases, with gold up 30% and silver 35% this year. Investors are seeking buying opportunities amid heightened geopolitical tensions.
Posted in Business

Gold prices at record peak, Silver near highest in four months: Top updates

Sep 25, 2024 09:07 AM IST Gold hit a record high above $2,665 as weak US consumer data increased rate-cut expectations, while silver surged 4.6%….

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Pedestrians walk along Wall Street near the New York Stock Exchange (NYSE) in New York, US.(Bloomberg)
Posted in Business

US stock market sees biggest slide since August. Reason? History and data

Stocks got hit at the start of a historically tough month for the market, with investors bracing for economic data that will show whether or…

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Stock market today: A bird flies past a screen displaying the Sensex results on the facade of the Bombay Stock Exchange (BSE) building in Mumbai.(Reuters)
Posted in Business

IT stocks boost Nifty 50 to a record high, tops 25,100. Here’s why

NSE Nifty 50 recovered from a flat start to hit record highs on Wednesday, boosted by extended gains in information technology stocks as traders look…

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Food inflation to stay sticky, rate cuts may get pushed to FY26: Economists
Posted in Economy

Food inflation to stay sticky, rate cuts may get pushed to FY26: Economists

The central bank is unlikely to consider softening rates this fiscal year even after the consumer inflation gauge declined below the mandated 4% target for…

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India will lower rates by 100 bps by March 2026, Bank of America official says
Posted in Economy

India will lower rates by 100 bps by March 2026, Bank of America official says

India’s central bank could cut interest rates by 100 basis points in a monetary easing cycle that is likely to start in December as inflation…

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RBI RATE CUTS: RBI seen pivoting to rate cuts by year-end after a long pause
Posted in Economy

RBI RATE CUTS: RBI seen pivoting to rate cuts by year-end after a long pause

Borrowing costs in India have probably peaked, with the central bank expected to start cutting rates by the end of the year — that’s the…

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