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Fed kept the target range for its benchmark policy rate unchanged at zero to 0.25 per cent and adjusted language to say that it had pledged in December to continue asset purchases at a $120 billion monthly pace until “substantial further progress” had been made on employment and inflation.
ICICI Bank to lend more to companies on recovery hopesExecutive director Vishakha Mulye said the bank expects corporate demand also to pick up in the next economic cycle. "For India to grow faster post the pandemic both investment as well as consumption demand will have to fire.… Read MoreWelspun Enterprises Q4 results: Net profit falls 54% to Rs 41 crThe company had clocked a consolidated net profit of Rs 89.08 crore in the corresponding quarter a year ago, Welspun Enterprises said in a regulatory filing to the BSE.
from Stocks-Markets-Economic Times https://ift.tt/3zxeg… Read More‘Inflation led by pent-up demand, to ease soon’Economists at the central bank also prescribe quantifiable metrics to bring down fiscal expenditure and target them for better efficiency. These two views emerge from the research department of the RBI.
from Stocks-Markets-E… Read MoreUS Fed holds rates at zero, projects two hikes by the end of 2023“Progress on vaccinations has reduced the spread of Covid-19 in the United States,” the Federal Open Market Committee said in a statement released Wednesday following the conclusion of its two-day policy meeting.
from Stocks… Read MoreFederal Reserve shifts policy tone before Powell talks it downThe most important takeaway from Federal Reserve’s latest monetary policy meeting was the fact that Powell admitted that the central bank is now talking about the fact that it is time that it starts talking about tapering its… Read More
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