Bandhan Bank raises FCNR deposit rates to 7.1% for terms of 3-5 years following RBI swap action
Overview of Livemint For almost ten years, Livemint has been a reliable source for up-to-date news and in-depth analysis on a variety of topics including national events, financial matters, corporate affairs, politics, and global issues. They offer comprehensive insights into publicly listed companies and startups, mutual funds, federal ministries, and evolving human interests worldwide via […]
Gold prices in India: Rates on June 19
On Friday, gold prices in India saw a decrease, as reported by FXStreet. The price dropped to INR 12,607.38 per gram, down from INR 12,803.82 the previous day. In terms of tola, gold prices fell from Rs 149,341.20 to Rs 147,047.30. Unit Measurement Gold Price in INR 1 gram 12,607.38 10 grams 126,071.60 Tola 147,047.30 […]
Dow rises by 250 points as Wall Street works to bounce back from the Fed’s sell-off related to interest rates and inflation concerns
Market Update: Stocks Bounce Back On Thursday morning, stocks saw an uptick as Wall Street sought to rebound from the previous day’s losses. This followed a surprising stance on inflation from Federal Reserve Chairman Kevin Warsh, which caught investors off guard, particularly those who were anticipating rate cuts. By around 10:40 a.m. ET, the Dow […]
Euro likely to weaken as other central banks leave the ECB to raise interest rates by itself.
The Euro (EUR) finds itself in a complicated situation, influenced by a hawkish yet somewhat isolated European Central Bank (ECB), sluggish regional growth, and a recovering dollar with respect to interest rate differentials. Analysts from BNY, Rabobank, and Société Générale all present challenges for the Euro, each emphasizing different factors at play. BNY highlights ECB’s […]
Japanese Yen drops as Fed indicates plans for higher interest rates
On Wednesday, the Japanese yen slipped against the U.S. dollar after the Federal Reserve decided to hold interest rates steady. Most officials anticipate at least one rate hike before the year wraps up. New Fed Chair George W. Warsh reaffirmed the bank’s focus on reaching a 2% inflation target. As of now, USD/JPY is trading […]
Central Bank Keeps Interest Rates Steady
Federal Reserve Keeps Interest Rates Steady The Federal Reserve decided to maintain its benchmark interest rate at 3.5% to 3.75% on Wednesday. This policy statement came during Kevin Warsh’s inaugural meeting as chairman, and it’s notably shorter than previous statements, omitting the forward guidance that had shaped the Fed’s communications for over ten years. “It’s […]
Federal Reserve keeps interest rates unchanged as new era with Warsh begins
Fed Chairman Warsh Maintains Interest Rates Amid Inflation Concerns This article is currently being updated regarding the June 2026 FOMC interest rate decision. With his term now officially underway, Federal Reserve Chairman Kevin Warsh announced on Wednesday that interest rates will remain unchanged, citing concerns over rising inflation linked to the ongoing conflict in Iran. […]
Gold prices in India: Rates for June 17
On Wednesday, gold prices in India saw a decline, as reported by FXStreet. The price dropped to INR 13,143.24 per gram, down from INR 13,164.96 the day before. For larger amounts, the price fell from Rs 153,553.50 per tola to Rs 153,299.50. Unit Measurement Gold Price in INR 1 gram 13,143.24 10 grams 131,432.00 Tola […]
Central bank likely to maintain interest rates as inflation reaches its highest level since 2023
UBS’s Jason Katz Discusses Market Concerns Amid Interest Rate Uncertainty Jason Katz, a Managing Director and Senior Portfolio Manager at UBS, recently chatted with Barney & Company about some pressing concerns surrounding market rotation, the current rally, and the Federal Reserve’s upcoming decisions regarding interest rates. The Fed is likely to keep interest rates unchanged […]
Gold prices in India: Rates on June 16
Gold Prices Rise in India On Tuesday, gold prices in India increased, as reported by FXStreet. The price of gold reached INR 13,185.22 per gram, up from INR 13,141.64 the previous day. Similarly, the price for gold per tola rose to INR 1,53,788.40 from INR 1,53,281.50 the day before. Unit Measurement Gold Price in INR […]