The key deposit rate was cut by a quarter-point to 3.25 per cent - as predicted by all analysts in a Bloomberg survey. The ECB said the process of taming prices should be complete "in the course of next year," - tweaking its previous language for that landmark to only be reached in the second half of 2025.
Denne historien er fra October 18, 2024-utgaven av Business Standard.
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Denne historien er fra October 18, 2024-utgaven av Business Standard.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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'NBFC action not punitive, but corrective'
Reserve Bank of India RBI) Governor SHAKTIKANTA DAS refused to drop his guard on inflation, citing major upside risks while remaining sanguine on growth. In an interaction with Tamal Bandyopadhyay during the Business Standard BFSI Insight Summit, he said the Indian financial sector was resilient enough to deal with any spillover from the external world ona day markets turned volatile following the US election results. Edited excerpts:
'SAP to step up hiring in India: CEO
30% of the company's deals now include artificial intelligence
Tata Steel back in black with ₹833 cr Q2 profit
Conditions in China continue to weigh on steel prices, says CEO & MD Narendran
MVA lists five poll guarantees, promises ₹3K/mth to women
The Maha Vikas Aghadi (MVA) Opposition alliance in Maharashtra unveiled \"five guarantees\" for the upcoming Assembly polls on Wednesday, which include a monthly allowance of ₹3,000 and free travel in state transport buses for women.
Indian markets celebrate the 'Red' win
Register biggest one-day gains in six weeks on Trump's victory
COSTS VARY: DO COST-BENEFIT ANALYSIS BEFORE BUYING RIDER
Tata AIG General Insurance recently introduced five new riders that can be purchased with its health insurance policies and provide more than 60 benefits to customers.
Wall Street indices hit new highs
Wall Street's main indices soared to record highs on Wednesday, as Republican Donald Trump won the 2024 US presidential election in a remarkable comeback four years after he was voted out of the White House.
Dollar set for biggest one-day jump since '20
The US dollar soared on Wednesday and was set for its biggest one-day rise since March 2020 after Republican Donald Trump won the US presidential election, while the euro, Chinese yuan and Mexican peso were among the biggest losers on potential new tariffs in the regions.
Hindustan Zinc OFS garners bids worth ₹3,385 cr
Hindustan Zinc's (HZL's) share sale on Wednesday garnered bids for 67 million shares - worth ₹3,385 crore - as against 105.6 million on offer.
Bitcoin surges to all-time high
The price of bitcoin hit a new high Wednesday as investors bet that former President Donald Trump's victory in the US presidential election will be a boon for cryptocurrencies.