US President Barack Obama is expected to nominate Janet Yellen as head of the Federal Reserve Board, White House has said. If confirmed by the Senate, she would replace Ben Bernanke as Chair of the......
US President Barack Obama has nominated Janet Yellen to head the Federal Reserve Board, describing her as one of America's "foremost economists and policy makers". If confirmed by the Senate,......
Attributing the decline in rupee to global factors, Reserve Bank Governor D Subbarao said on Thursday it would be difficult to estimate when the situation will improve. "The rupee depreciation over......
One of the primary reasons for the recovery in the equity markets was stability and recovery in the currency market. Rupee has recovered nearly 11% since RBI governor Raghuram Rajan introduced......
Investor wealth on Thursday soared by Rs 1 lakh crore, triggered by heavy buying in the stock market, with the BSE benchmark Sensex surging about 382 points to close at near six-week high levels.......