The Indian stock market has picked up an invincible rally since the US Federal Reserve delivered its supersized interest rate cut by 50 basis points (bps) last week. The Nifty 50 has hit new highs in every session since the rate cut boosted investors’ global risk appetite, while the Sensex topped the historic 85,000 mark. … Read more
International crude oil prices climbed two per cent to hit a three-week high on Tuesday, September 24, after the monetary stimulus from China, the world’s top importer, and concerns that conflict in the Middle East could hit regional supply. At the same time, another hurricane (after the recent storm Francine) threatened supply in the US, … Read more
Bitcoin News: The Federal Reserve has reduced interest rates for the first time since the early days of the COVID-19 pandemic, sending ripples through the cryptocurrency market. Bitcoin, the leading cryptocurrency, saw an uptick of about 3 percent in its value following the announcement on September 19, 2024. Bitcoin price record As of 9.08 am … Read more