The US central bank Federal Reserve has cut interest rates this time as expected. The US Fed has reduced interest rates by 25 basis points i.e. 0.25%. The Fed announced this rate cut late on Thursday night. This rate cut has been done in view of the reduction in inflation and …
Read More »Rate cut did not have much effect, market is trading flat, know which stocks are in decline
The Indian stock market opened with a slight gain on Friday, the last trading day of the week, but a decline was seen in the initial trade. The Bombay Stock Exchange index Sensex opened with a gain of 70 points at 79,611 today. In early trade, it was seen trading at …
Read More »Gold price today: Gold jumped on MCX, this is the big reason, know the price of silver
Gold prices rose on Monday in the domestic futures market. The price of gold jumped on September 30 at the Multi Commodity Exchange of India (MCX). Investors’ attention was on the comments of US Fed Chairman Jerome Powell and developments related to geopolitical tensions in the Middle East. MCX Gold …
Read More »Central banks in Europe and Pakistan reduced interest rates, will America also cut rates?
The European Central Bank (ECB) on Thursday cut the key interest rate by 0.25 percent to boost economic growth amid softening inflation. This will reduce the cost of loans for companies and homebuyers. In the meeting of the ECB’s policy rate-setting committee, the interest rate was reduced from 3.75 percent …
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