Aug 28, 2016 at 12:22 | Source: PTI
Keen to close wage negotiations in public sector banks by November 1, 2017, the Finance Ministry has asked the lenders to present status report on salary hike talks with their employee unions.
Aug 27, 2016 at 18:10 | Source: Moneycontrol.com
The market will start off the next week by reacting to much awaited Federal Reserve chief Janet Yellen's speech, wherein she on Friday signalled a possibility of rate hike by end of 2016. Wall Street ended rangebound session lower on Friday after that speech.
Aug 27, 2016 at 11:25 | Source: CNBC
In the interview, Fischer said that Yellen's comments were consistent with a September rate hike and possibly two hikes this year, but the Fed won't know the course of normalization until it sees the data.
Aug 26, 2016 at 14:34 | Source: CNBC-TV18
India is likely to see healthy earnings growth. But he says that he wouldnt be surprised if Indian markets take a breather for a while.
Aug 26, 2016 at 14:07 | Source: Reuters
The safe-haven asset, which is highly sensitive to interest rates, has declined more than 1 percent this week as upbeat US economic data boosted expectations of an interest rate hike by the Federal Reserve this year.
Aug 26, 2016 at 11:00 | Source: Moneycontrol.com
Equity benchmarks continued to consolidate with the Nifty hovering around 8600 level as investors maintained caution ahead of speech by the Federal Reserve Chief Janet Yellen at Jackson Hole tonight. The important point to watch out for in speech would be the indication of further rate hike.
Aug 26, 2016 at 10:38 | Source: PTI
The commodity rallied for seven straight sessions and entered a bull market -- a 20 percent rise from recent lows -- last week after OPEC and Russia announced plans to discuss the supply crisis, which has hammered the crude market for more than two years.
Aug 26, 2016 at 10:18 | Source: Moneycontrol.com
According to Angel Broking, Rupee is likely to trade higher as dollar movements in the overseas markets remain weak owing to the annual conference in Jackson Hole, Wyoming where the where the US Fed Chair Janet Yellen will speak today giving some light on interest rate hike timings.
Aug 26, 2016 at 10:17 | Source: Reuters
Several policymakers said raising interest rates gradually would allow them to stimulate the economy for longer, but that an overheating economy could end in a recession.
Aug 26, 2016 at 10:15 | Source: CNBC-TV18
The annual Jacksone Hole symposium held by the Federal Reserve is unlikely to provide any concrete indication whether the US central bank intends to hike rates, says David Mann of Standard Chartered.