Topics: Federal Bank

Market Analysis: Fed announces unlimited QE, corporate bond purchases

The US Dollar has weakened across the board after the Fed unleashed a slew of unprecedented measures. The Fed said it would buy an...

Market Analysis by Abhishek Goenka: Why is rupee not depreciating till now despite USD strength?

The Rupee has been one of the better-performing currencies amid the extreme panic and turmoil we have witnessed in global markets. On previous occasions...

Report: Trump administration looks for $850 billion to stem COVID-19 economic fallout

The Trump administration plans on seeking a $850 billion stimulus package aimed at buffering the economy against fallout from coronavirus, the Washington Post reported...
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Market Analysis: “Dow sees worst fall (13%) since Black Monday crash of 1987 (22%)”

The European Union has decided to close all internal borders to permit only essential travel. Philippines, Malaysia have enacted movement controls. The Dow crashed close...

Market Analysis by Abhishek Goenka, “Fed obliges the president; cuts rates to zero”

Just three days before the policy, the US Fed has cut overnight Federal funds rate by 1% to 0-0.25% range. It has also announced USD...

TG TV: Lagarde says “COVID-19 will have a significant impact on economic activity”

The President of the European Central Bank, Christine Lagarde on Saturday, said that “The recent outbreak of Coronavirus (COVID-19), will have a significant impact on economic...
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Wall Street dips as coronavirus dampens optimism

Wall Street edged lower on Friday as uncertainties surrounding the coronavirus epidemic and downbeat economic data put a damper on investor sentiment. While the S&P...

Finance Ministry of India denies sharing details of Swiss Bank account holders

The Finance Ministry has declined to share Swiss bank accounts details of Indians saying it is covered under "confidentiality provisions" of a tax treaty...

Japan approves 26 trillion yen as economic stimulus package to combat overseas risks

Japan's cabinet approved an economic stimulus package worth 26 trillion yen ($239 billion) with fiscal spending of 13.2 trillion yen, aimed at preventing overseas...
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Snapdeal launches dedicated dhanteras e-store

India's largest third-largest e-commerce giant Snapdeal has announced the launch of dedicated dhanteras e-store to provide popular items during the festive season on its...

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