Top Section
Explore Business Standard
Don’t miss the latest developments in business and finance.
US Fed Rate Hike
How will US Fed policy outcome affect markets? What's happening with Bisleri? Why can't Indian cities curb air pollution? What happened to Credit Suisse's AT1 bonds? All answers here
Business Standard brings you the top headlines at this hour
The Fed's relentless rate hikes to rein in inflation have been partly blamed for sparking the biggest meltdown in the banking sector since the 2008 financial crisis
Most Asia Pacific financial institutions are not exposed to the failed US banks and are not as susceptible to large losses from debt security holdings as Silicon Valley Bank was, Moody's said on Tuesday. On March 12, US regulators closed Signature Bank, just two days after shutting Silicon Valley Bank, following mass withdrawals of customer deposits from these regional banks. Moody's Investors Service said these events are likely to result in a tightening of liquidity in debt markets globally as investors grow wary. However, the impact will be limited for most rated financial institutions in Asia-Pacific (APAC) because of structural factors. "Also, most APAC institutions are not exposed to the failed US banks, and only a handful of institutions has immaterial exposures. Finally, most institutions are not as susceptible to large losses from debt security holdings as Silicon Valley Bank was," Moody's said. The US-based rating agency said rated banks in APAC structurally have stable .
US Fed chair Jerome Powell has reiterated that the Federal Open Market Committee (FOMC) is likely to raise rates further than previously anticipated
India, according to them, is among the more sensitive markets to US rates, and demonstrates the most sensitivity to local rates given higher influence of domestic flows into the market
The Federal Reserve raised its target interest rate by a quarter of a percentage point on Wednesday
Gold prices edged up on Monday on a weaker dollar, as investor attention moved to central bank meetings this week for clarity on their rate hike strategies
Your portfolio will benefit from geographical diversification; long-term returns of these funds are good
Hopes of softer Fed hikes and China's reopening has D-Street upbeat
Despite uncertainties, India's equity market scaled new highs last year. But how will the markets and the economy behave in 2023? Find out tells you what leading economists and market analysts think
What does 2023 have in store for Indian markets and economy? What are the five things that will impact you in 2023? Where is the National Monetisation Pipeline headed? What is a census? Answers here
Both Sensex and Nifty post biggest losses since Sept 26 as Covid cases in China, oil price spike worsen sentiment
In terms of food prices, India seems to be doing much better than the Western economies, owing to it being less dependent on imports
The biggest decline in two months; FPIs sell shares worth Rs 711 cr
Only two of 19 Fed officials saw the benchmark overnight interest rate staying below 5% next year
"If the Fed raises rates again next week, the recession will be greatly amplified," he said in a tweet
The Federal Reserve could scale back the pace of its interest rate hikes "as soon as December," Fed Chair Jerome Powell said
Rupee likely at 81.68 by December-end, largely stable at 81.75 by March-end
MSCI's broadest index of Asia-Pacific shares outside Japan was 1.09% higher, while Australia's S&P/ASX 200 index rose 0.27%.