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Economy

December 19, 2024 5:10 PM

Sensex drops 964 points after US Fed’s hawkish stance on rate cuts

Indian equity markets faced a steep decline on Thursday, closing in the red amid weak global cues. The sell-off was primarily triggered by the US Federal Reserve's hawkish stance on interest rates, which led to a major shift in expectations for 2025....

December 19, 2024 4:44 PM

India’s coal imports decline amid surge in domestic production

India’s coal imports dropped by 3.1% during the April-October period of FY 2024-25, falling to 149.39 million tonnes (MT) from 154.17 MT in the same period last year, according to a statement released by the Ministry of Coal on Thursday. The non-r...

December 19, 2024 12:20 PM

Sensex, Nifty plunge after US Fed signals fewer rate cuts for 2025

India's benchmark indices opened sharply lower on Thursday, mirroring a global sell-off after the US Federal Reserve signaled fewer rate cuts for 2025. The Nifty 50 index plunged 1.33%, shedding 321 points to open at 23,877.15, while the BSE Sensex ...

December 18, 2024 5:31 PM

Sensex, Nifty end lower ahead of US Fed rate decision

India’s benchmark indices declined on Wednesday as cautious investor sentiment prevailed ahead of the US Federal Reserve’s policy decision later in the day. The Sensex dropped 502.25 points, or 0.62 percent, to close at 80,182.20, while the Nift...

December 18, 2024 1:06 PM

Fed expected to combine interest rate cut with hawkish 2025 outlook

The Federal Reserve is expected to lower borrowing costs on Wednesday in what some observers are calling a "hawkish cut" set to be delivered alongside policymakers' updated interest rate outlooks and economic forecasts covering the first months of th...

December 18, 2024 10:20 AM

Indian stock market opens flat ahead of US Fed rate decision

The Indian stock market opened flat on Wednesday as investors await the US Federal Reserve's interest rate decision. At around 9:33 am, Sensex was trading at 80,651.44 after declining 33.01 points or 0.04 per cent, while the Nifty was trading at 24,...

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Last updated on: 21st December 2024