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US Federal Reserve cuts Key Interest Rate by 0.25 percent 2024-12-19 07:26:42
The Federal Reserve cut interest rates by a quarter of a percentage point on Wednesday, signaling a future weakening in interest rates and triggering a sharp selloff in financial markets. Policymakers voted 11-1 to cut the central bank's key interest...
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Meta India Apologises For Mark Zuckerberg's Remark On India Polls 2025-01-16 07:14:03
Meta India said on Wednesday that its CEO Mark Zuckerberg had said that India's current government lost the 2024 elections because of its handling of the coronavirus pandemic, calling it an "unintentional mistake." The company said: "Mark's tips apply to...
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Donald Trump delays Canada and Mexico Tariffs 2025-03-07 10:47:33
On Thursday, US President Donald Trump announced a postponement of certain tariffs aimed at Canada and Mexico, prompting Ottawa to suspend a series of countermeasures planned for implementation. This decision has brought a much-needed respite to both businesses and consumers...
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Donald Trump's Recession 'Cure' will be Worse than a Disease 2025-03-13 09:15:34
Is there a possibility of categorizing recessions as “good” or “bad,” akin to the distinction between good and bad cholesterol? This query arises as global markets contemplate the potential for a recession in the United States, the foremost economy that...
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RBI Monetary Policy Highlights 2024-12-07 14:52:12
The Reserve Bank of India (RBI) today, December 6, announced its fifth bi-monthly monetary policy for FY2025. The six-member Monetary Policy Committee (MPC), headed by RBI Governor Shaktikanta Das, decided to maintain the policy by a majority of 4:2. The...
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Luxury automakers hike prices up to 3 percent 2024-11-25 10:27:27
Amid increasing inflationary pressures, rising material costs and rising operating costs, luxury car makers Mercedes-Benz India and BMW India have announced a price hike of up to 3% for all models from January 1, 2025. Mercedes-Benz India has adjusted ex-showroom...
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