India’s central bank cuts key interest rate to 6.75%
October 7, 2015
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India’s central bank cuts key interest rate to 6.75%

India’s central bank on Tuesday cut its key interest rate by half a percentage point,…

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Indian Rupee Rises as RBI Signals Rate Cuts Done for Now
October 7, 2015
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Indian Rupee Rises as RBI Signals Rate Cuts Done for Now

Most banks have reduced the base rate by 25-30 bps, barring a few like State…

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Gold slips in Asia
October 5, 2015
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Gold slips in Asia

IDBI Bank cuts base rate by 0.25% to 9.75%
October 5, 2015
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IDBI Bank cuts base rate by 0.25% to 9.75%

In an attention-grabbing announcement, Reserve Bank of India (RBI) governor Raghuram Rajan lowered the repo…

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US Economy Adds 142000 Jobs in September, Wages and Unemployment Rate Remain
October 4, 2015
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US Economy Adds 142000 Jobs in September, Wages and Unemployment Rate Remain

A few 579,000 people dropped out of the workforce, helping to leave the unemployment rate…

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Is an October rate hike possible? St. Louis Fed President says maybe
October 3, 2015
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Is an October rate hike possible? St. Louis Fed President says maybe

Still, he explained that he supported the decision to hold off on a rate hike,…

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Axis Bank slashes base rate by 35 bps to 9.5%
October 3, 2015
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Business

Axis Bank slashes base rate by 35 bps to 9.5%

Gold adds to losses as U.S. rate outlook weighs
October 3, 2015
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Business

Gold adds to losses as U.S. rate outlook weighs

The Federal Reserve has tied the prospect of a rate hike to the strength of…

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New York Fed chief: Rate hike coming this year
October 3, 2015
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Business

New York Fed chief: Rate hike coming this year

Several U.S. Federal Reserve officials said on Monday the first interest rate hike in almost…

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Fed’s Williams: don’t let the economy ‘party’ go on too long
October 3, 2015
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Business

Fed’s Williams: don’t let the economy ‘party’ go on too long