Powell and his colleagues are moving rapidly to reduce the highest inflation in nearly 40 years after being slow to spot the threat of broadening price pressures.
State-owned lender had the highest cost-to-income ratio, according to S&P Global Market Intelligence
RBI asked for mkt views on BoP, impact of 75-bps rate hike by US Fed
Sweden's central bank hiked rates by a greater than expected full percentage point on Tuesday and warned of more to come.
Sensex swings 1,232 points before settling 224 points lower; FPIs pullout Rs 1,400 cr
Terminal repo rate seen at 6%; interest cost for retail, MSMEs went up by Rs 42,000 crore says SBI report
"Economic data and investor positioning are more important factors for risky asset performance than central bank rhetoric," the strategists wrote. "We maintain a pro-risk stance"
FinMin blames adverse base effect, increase in food and fuel prices
Apart from long-term bonds, the market participants also requested the central bank to reduce issuance of floating-rate bonds and cap sizes of weekly primary auctions to Rs 30,000 crore
The Nifty, on the other hand, ended the session at 17,798, with a gain of 174 points, or 0.9 per cent
List not exhaustive, must not assume those not on it are authorised for such trades
CLOSING BELL: ITC, Sun Pharma, RIL, Tata Steel, NTPC, HCL Tech, L&T, and ICICI bank were the top Sensex gainers, while Hindalco, JSW Steel, Grasim, and Cipla were additional top gainers on the Nifty50
Several borrowers have complained of harassment and blackmailing on loan repayment on the platforms
The Sri Lankan government's negotiations with the IMF for a bailout package have made "good progress," the Central Bank Governor said on Thursday, indicating that a top delegation of the Washington-based lender is expected to arrive here at the end of this month to chalk out a staff-level agreement. Sri Lanka is in the midst of an unprecedented economic crisis that has led to severe shortages of fuel and other essentials. The island nation of 22 million also witnessed a major political churn in recent times following massive mass protests that forced former president Gotabaya Rajapaksa to flee the country and resign from his post. "The IMF programme is making a good progress, and an IMF mission is planning to visit Sri Lanka towards the end of this month to reach a staff-level agreement on a policy package, news portal newsfirst.lk quoted Sri Lanka's Central Bank Governor Nandalal Weerasinghe as saying. Weerasinghe said that after Sri Lanka reached a staff-level agreement with the
Joins companies allowed to manage and process merchants' online transactions
With regard to repo rate actions, if you look at other central banks, 50 bps has become the new normal. And, quite a number of central banks are hiking rates by 75-100 basis points: Shaktikanta Das
New Zealand's jobless rate held just above historic lows while wage inflation hit a 14-year high, raising prospect that the central bank might have to increase rates more aggressively than expected
Financial market dominance over central banks is a huge problem and challenge, former RBI deputy governor says
Powell cannot afford to take his eyes off the prize - to get inflation down
The window, which is available on Wednesday and Thursday, offers an annual rate of 6.80 per cent on NRE deposits worth Rs 2 crore to less than Rs 150 crore