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US Fed hikes interest rates by 75 percentage points to combat inflation

The US Federal Reserve on Wednesday (local time) raised interest rates by 75 basis points (bps) or three-quarters of a percentage point in the boldest move since 1994. IMAGE: US Federal Reserve......

Markets end lower on caution ahead of Yellen speech

Tata Motors was the top gainer on better-than-expected June quarter revenues Benchmark indices ended flat on caution ahead of the US Federal Reserve's stance on key policy rates at a meeting......

Sensex ends below 28,000 as rate cut hopes dim

Urjit Patel as the new RBI governor whose focus is on taming inflation has lowered the probability of interest rate cut soon Markets ended lower on Monday after the appointment of Urjit Patel as......

Reserve Bank isn't done with rate cuts, says Rajan

Says impact of crisis in China won't be as big here as in some other countries Hinting at a fourth interest rate cut this year, Reserve Bank of India (RBI) Governor Raghuram Rajan has said the......

US economy sees signs of stabilisation

Spurring hopes that recovery could well be round the corner, economic activities in many regions in the US have gained momentum in recent months. The recession-hit American economy is slowly......

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GUJARAT, HIMACHAL GO TO POLLS

The Bharatiya Janata Party was on Thursday poised for a landslide victory in Gujarat to retain...
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