The term ‘new normal’ grew fashionable as a consequence of the covid pandemic. Looking ahead at that time, a Pew Survey showed that a plurality of experts believed that the pandemic would: 1) worsen inequality; 2) increase the influence and power of big tech firms; 3) multiply the spread of misinformation; and 4) fan the…
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…
Mumbai: A spell of weakness in Asian markets spilled into Indian equities on Friday, sparking a sell-off that swept across sectors. Indian markets that averted a steep fall a day earlier plunged 1.5%, as fears of a US recession and its consequences grew. A key victim was the pharmaceutical sector, which US president Donald Trump…
However, the narrative is shifting. After a strong start to 2025, US equity markets have hit turbulent waters. Tariff concerns loom large as President Donald Trump imposes fresh trade barriers and threatens more, with no clear resolution in sight. Consumer sentiment has been the biggest casualty of this uncertainty, with surveys showing a sharp decline….
Gold Price Today: Gold prices hit back-to-back record highs on the multi-commodity exchange (MCX) driven by elevated tariff uncertainty after the latest US inflation data failed to ease global trade war concerns. However, the cooling inflation print raised the US Federal Reserve’s interest rate cut bets, and the easing of the monetary policy kept the…
Gold rate today: Following the strong US dollar, the MCX gold rate ended its seven-week winning streak and closed at ₹84,202 per 10 gm. However, gold prices finished higher for the second straight month, delivering 2.13 per cent returns in the international market. Spot gold finished at $2,858.60 per ounce, while COMEX’s price ended at…
Wall Street Today: A gauge of global stocks climbed on Thursday for the first time in three sessions while U.S. Treasury yields dipped as an inflation reading fueled expectations the Federal Reserve’s preferred measure of prices might be cooler than anticipated. The Labor Department said the producer price index (PPI) for final demand rose 0.4%…
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…
US stocks climbed on Wednesday after inflation data boosted investors’ hopes for interest rate cut by the Federal Reserve this year. Investors also cheered a strong set of quarterly results from the biggest US banks. At the opening bell, the Dow Jones Industrial Average rose 409.5 points, or 0.96%, to 42,927.76. The S&P 500 rose…
Indian stock market: The domestic equity market indices, Sensex and Nifty 50, are expected to open on a muted note Monday following mixed trends in global markets. Asian markets traded mixed, while the US stock market closed with strong gains last week after fresh economic data raised expectations of the US Federal Reserve rate cut…
