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BMRCL officials told Moneycontrol that they are now reviewing anomalies in the fare structure after several passengers complained that Metro fares have nearly doubled on some stages

Indian shares slide as financials offset Fed rate optimism

The Nifty 50 index closed 0.42% lower at 16,972.15, while the S&P BSE Sensex fell 0.59% to 57,555.90. Both the indexes advanced nearly 1% during the session before reversing the gains.

Oil prices set for 5% weekly drop on US rate hike jitters

Brent dipped 41 cents, or 0.5%, to $81.18 a barrel by 0852 GMT. U.S. West Texas Intermediate crude (WTI) was down 56 cents, or 0.7%, at $75.16.

Global shares sink, dollar soars as rate-hike outlook looms

Data from U.S. Labor Department overnight showed monthly producer prices had accelerated in January and the number of Americans filing new claims for unemployment benefits had unexpectedly fallen last week - another sign of a tight labour market keeping pressure on inflation.

Rate hikes have begun to quell US inflation

“We’re beginning to see the kind of actions that we need to see,” Mester, president of the Federal Reserve Bank of Cleveland, said in an interview with The Associated Press. "Good signs that things are moving in the right direction ... That’s important input into how we’re thinking about where policy needs to go.”

Fed official suggests substantial rate hikes may be needed

Bullard's comments raised the prospect that the Fed's rate hikes will make borrowing by consumers and businesses even costlier and further heighten the risk of recession.

Average long term mortgage rates jump above 7% this week

Mortgage buyer Freddie Mac reported Thursday that the average on the key 30-year rate jumped to 7.08% from 6.94% last week.

SBI hikes savings deposit rate by 30 bps for Rs 10 crore and above

The bank said the new pricing of 30 bps more on deposits, is applicable for Rs 10 crore and above, and is effective from October 15.

U.S. dollar advances as markets brace for hefty Fed rate hike

Trade was generally subdued, with markets in London and Tokyo closed for public holidays.

Gold prices fall Rs 265; silver price slides Rs 786

On Tuesday, the level was Rs 58,030 per kg.

Gold slips as dollar firms; focus on Jackson Hole symposium

Spot gold fell 0.2% to $1,743.89 per ounce by 09:49 ET (1349 GMT). It rose as much as 1% in the previous session.

Dollar jumps on safety flows after China data, yuan slips on rate cut

Chinese industrial output, retail sales and fixed-asset investment all fell short of analyst estimates in data published on Monday, as a nascent recovery from draconian COVID-19 lockdowns faltered.

Gulf Oil posts 82% increase in April-June PAT

The lubes maker had posted a PAT of Rs 30.35 crore in the quarter ended on June 30, 2021.

Rupee jumps 53 paise to breach 78 level, closes at 1-month high on FII inflows

Persistent foreign fund inflows into capital markets, softening crude oil prices and a weak US dollar in the global markets boosted the local currency.

Gold ticks up on softer dollar, Federal Reserve's policy view in focus

Spot gold was up 0.4 percent to $1,723.28 per ounce at 0845 GMT.

Silver futures remain flat

On the Multi Commodity Exchange, silver contracts for September delivery remained flat at Rs 54,717 per kg in 23,407 lots.

Gold jumps Rs 594 per 10 gms; silver rallies Rs 998 per kg

Silver also surged by Rs 998 to Rs 55,164 per kg from Rs 54,166 per kg in the previous trade.

Gold falls Rs 478; silver tumbles Rs 1,265

In the previous trade, the precious metal settled at Rs 50,308 per 10 grams.

Gold eases as dollar gains, recession fears ebb

Spot gold was down 0.2 percen at $1,708.09 per ounce by 1126 GMT in rangebound trading. U.S. gold futures eased 0.3 percent to $1,706.40.

Gold edges up as weaker dollar boosts appeal

Spot gold rose 0.2 percent to $1,712.79 per ounce by 0930 GMT. U.S. gold futures were little changed at $1,710.20.

GST Council to discuss law changes to facilitate provision for GST tribunals

The Council is also recommending 28% GST on casinos, race courses, online gaming and lottery which is also being discussed

Fuel prices on April 1: Petrol, diesel rates kept unchanged, 19-kg LPG cylinders to cost Rs 250 more

According to data available from oil marketing companies, Petrol in Delhi costs Rs 101.81 a litre, while diesel rate is Rs 93.07 per litre. Domestic LPG cylinder prices remain unchanged

RBI repo rate cut set to provide major fillip to real estate

Real estate and banking experts anticipate the home loan interest rate to hover around 8 percent once the banks decide to pass on the benefit to consumers.

Fed played good role in not upsetting economy or financial mkts: Bruno Verstraete

In an interview to CNBC-TV18, Bruno Verstraete, Partner of Lakefield Partners shared his readings and outlook on Fed's rate hike.

Looking for GDP growth of 7.5% in FY18: Samiran Chakraborty

In an interview to CNBC-TV18, Samiran Chakraborty, MD & Chief Economist at Citi India shared his readings and outlook on the latest gross domestic product (GDP) numbers as well as the economy.