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Source: Live Mint The FMCG sector faced a turbulent 2024, marked by considerable volatility. The year started on a weak note, with the sector declining by approximately 9% from January to March, as subdued rural demand and broader macroeconomic challenges weighed heavily on its performance. From mid-April to September, the index rebounded sharply, gaining around…
Source: Live Mint Although the US Federal Reserve refrained from surprising markets and trimmed the benchmark interest rate by 25 bps to 4.50 – 4.75 per cent on November 7, markets seemed disappointed by Chair Jerome Powell’s tone, which suggested uncertainty about the future path of interest rates. In the September meeting, the US Fed…
Source: Live Mint India’s central bank Governor Shaktikanta Das said an interest rate cut at this stage would be “very premature” and risky. While inflation is expected to moderate, there are “significant risks” to the outlook, Das told Bloomberg News Deputy Editor-in-Chief Reto Gregori at the India Credit Forum in Mumbai on Friday. He added…
Source: Live Mint India’s retail inflation for September came in higher than expected, sparking concerns that the Reserve Bank of India (RBI) might delay interest rate cuts even further, potentially dampening investor risk appetite. Higher food prices drove Consumer Price Index (CPI)-based inflation, or retail inflation, to a nine-month high of 5.49 per cent, still…
Source: Business Standard 5 min read Last Updated : Oct 09 2024 | 1:35 PM IST RBI meeting today: The Reserve Bank of India’s (RBI) today, October 9, in its policy decision kept the repo rate unchanged at 6.5 per cent but changed its stance to ‘Neutral’ from ‘Accommodative’ which is largely assumed as…
Source: Business Standard Reserve Bank of India | (Photo: Shutterstock) 3 min read Last Updated : Oct 03 2024 | 10:58 PM IST Interest rates are expected to decline soon after remaining elevated for an extended period. After the US Federal Reserve’s recent 50-basis-point (bps) cut, other central banks, including the Reserve Bank of…
Source: Live Mint The onset of the festive season didn’t bring the cheer India’s stock market investors had hoped for. They turned poorer by ₹11 trillion on record foreign investor outflows amid a sharp bounce back in Chinese stocks following recent fiscal and monetary stimulus measures, escalating tensions in West Asia, and expensive share valuations….
Source: Business Standard The US Federal Reserve (US Fed) surprised the global financial markets with a higher-than-expected rate cut of 50 basis points (bps) on Wednesday. Puneet Wadhwa caught up with CHRISTOPHER WOOD, global head of equity strategy at Jefferies in New Delhi on his interpretation of the Fed’s move, its implications for global…
