us fed


Fed's 2017 profit payments to Treasury fall to $80.6 billion

Mar 23 2018 | 26 mins ago

The US Federal said its remittances to the US Treasury fell to $80.6 bn in 2017, in part because the central bank made larger interest payments to financial institutions.

Gold jumps as Trump tariffs shake global markets

Mar 23 2018 | 4 hrs ago

Gold prices surged to a one-month high as the threat of a global trade war sent investors scrambling for safe assets.

Nifty slips by 40 points as F&O expiry weighs

Mar 22 2018

Nifty slipped by 40.50 points to close at 10,114.75 dragged by profit booking in PSU banks, media, realty, IT, infra and auto sectors.

Rupee gains 10 paise to end at 65.11 against dollar

Mar 22 2018

The rupee rose by 10 paise to close at 65.11 against the US currency on foreign fund inflows amid the Federal Reserve sticking to its outlook of three rate hikes this yr.

Gold steadies after hitting two-week high on Fed rate view

Mar 22 2018

Gold steadied after hitting a two week high as the dollar slid on what was seen as a less hawkish than expected rate hike view from the US Federal Reserve.

Sensex, Nifty drop as trade war fears grip markets

Mar 22 2018

Sensex fell by 130 points due to profit booking in realty, capital goods, tech, auto and bank stocks due to renewed global trade war fears and losses in European markets.

Sensex breaks 2-day rally, falls 130 pts; on global cues

Mar 22 2018

Sensex fell by 130 points due to profit booking in realty, capital goods, teck, auto and banking stocks amid weak global trends after the US Fed Reserve's rate hike.

Key Indian equities trade flat; banks, auto stocks slip

Mar 22 2018

Indian equity traded on a flat-to-negative note during the mid-afternoon trade session with selling pressure observed in capital goods, banking and auto stocks.

Gold dips on profit taking, hovers near 2-week high on weaker $

Mar 22 2018

Gold prices inched lower as investors took profits on a weaker dollar after the Fed Reserve disappointed investors expecting more hawkish comments on interest rate rises

Rupee up 9 paise against US dollar on Fed rate hike

Mar 22 2018

Rupee rose 9 paise against dollar to 65.12 at the interbank forex market today amid weakness in the greenback after the US Fed raised benchmark lending rate by 25 bps.

Indian Markets


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Global Markets


Stocks In News



Acquires Cynosure Inc and Cynosure Interface Solutions for $31mn and Rs13cr respectively

To add platform capabilities in the insurance segment which contributes 15% of total business

The Acquisition is expected to close within the next 3 months


Sells Essar Steel loan to Deutsche Bank

Has sold its $385 mn Foreign currency loan extended to Essar Steel

Bank has taken a 38% haircut

Rs 1600 cr is expected earnings to the bank from the deal

Economic Times Reports


To Sell 50% stake in prime Mumbai office assets to Blackstone for $1.3bn

The co is also in discussions to sell its residential and commercial projects in Chennai

To convene shareholder’s meet on 23rd March in regard to the proposed divestment

Mint Reports


Gets Order Worth Rs 230 Cr From NTPC

To perform the pressure part metallurgy upgradation for 3 660MW super critical steam generators

Will help NTPC commission the 3x 660MW plant started 12years


Declared L1 bidder for EPC Project in UP worth Rs 677cr from NHAI

The completion period for the project is 30 months

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