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September 18, 2015 12:33 PM
US Federal Reserve or central bank has decided not to raise its key interest rate and keep them at the same level since December 2008. It said nine members of its Federal Open Market Committee voted to hold the key federal funds rate target at Zero to 0.25 per cent. Federal Reserve Chair Janet Yelle...
September 18, 2015 12:08 PM
RBI Governor Raghuram Rajan said that keeping inflation low is the key task for sustainable economic growth of the country. Under pressure to cut interest rates to lower cost of capital, the apex bank is scheduled to hold its next monetary policy review meeting on 29th of this month. Expectations fo...
September 18, 2015 8:06 AM
Asian shares fell on Friday after US Federal Reserve held off on raising interest rates, reviving concerns about weakness in both the United States and global economies. The dollar was on the defensive, having fallen more than one percent after the Fed's decision, while U.S. bond yields plu...
September 18, 2015 7:39 AM
US Federal Reserve or central bank has decided not to raise its key interest rate and keep them at the same level since December 2008. It said nine members of its Federal Open Market Committee voted to hold the key federal funds rate target at Zero to 0.25 per cent. Federal Reserve Chair Janet Yelle...
September 17, 2015 9:02 PM
The US Federal Reserve, or central bank, is just hours away from announcing its much awaited decision on interest rates. The US Fed began a crucial two-day policy meeting, yesterday, to consider raising interest rates for the first time in more than 9 years. The Federal Open Market Committee, led by...
September 17, 2015 5:54 PM
Commerce and Industry Minister Nirmala Sitharaman has said the government is working to streamline procedures and policies to promote domestic and foreign investments in the country. Speaking at India Economic Convention in New Delhi today, Mrs Sitharaman said the government is removing obstructions...
September 17, 2015 4:40 PM
The Reserve Bank of India has allowed banks to grant certain loans to their CEOs and Directors by doing away with the prior approval requirement. In a notification issued in Mumbai yesterday, the RBI said banks can give loans to CEOs and Whole Time Directors for purchasing of car, personal computer,...
September 17, 2015 4:38 PM
The government is considering increasing the foreign direct investment, FDI limit in private banks to 100 per cent, from the existing 74 per cent by relax foreign investment norms. According to the source, the Department of Industrial Policy and Promotion, DIPP, has sent a proposal to hike the FDI l...
September 17, 2015 1:34 PM
Global financial markets today await the outcome of one of the most important meetings, in recent times, of the US Federal Reserve, or central bank. At its crucial two-day policy meeting, which began, yesterday, the US Fed is considering raising interest rates for the first time in over 9 years. The...
September 17, 2015 1:34 PM
The Finance Ministry today said that India has built multiple layers of defence to deal with a possible US Federal Reserve's firsthike in interest rates in nine years, and RBI is very wellprepared to deal with its impact. Minister of State for Finance Jayant Sinha said the goal of policymak...
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Last Updated: 16th May 2026
