Amid global economic uncertainty, there are emerging bright spots. Inflation has eased significantly in both the US and India, fueling hopes of interest rate cuts by the US Federal Reserve and the Reserve Bank of India, which could boost demand, improve liquidity, and support broader economic growth. India’s retail inflation eased in April to its…
The Indian information technology (IT) sector has been trying to make a meaningful comeback for a while. The good news is there’s some respite on the horizon at last. The Indian rupee is depreciating against the US dollar and other developed-market currencies, hurt by the ongoing turmoil in global markets. The rupee hit an all-time…
Wall Street Today: Stock market for the United States opened lower on Wednesday, February 12, after investors’ hope of a US Federal Reserve rate cut disappeared after the US Bureau of Labor Statistics posted a higher than expected inflation data for January 2025. Also Read | PM Modi departs for US after wrapping up France…
Foreign portfolio investors (FPIs) continued their three-month streak in Indian equities, but inflows moderated in August, driven by domestic and global factors. However, they were consistent buyers in June and July after election-related jitters faded and stability returned to Indian markets. However, FPIs halted their buying streak with the onset of the new fiscal year…
