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In the US, S&P 500 futures were higher and the dollar weakened as investors waited for details from the Federal Reserve’s recent meeting.(AP file photo)

Global stocks advance, dollar weakens ahead of Fed

By Bloomberg| Posted by: Harshit Sabarwal
PUBLISHED ON DEC 16, 2020 09:01 PM IST
Markets were green across the board. The Stoxx 600 Index rose 0.9%, notching a third day of gains, and the DAX Index outperformed. The euro strengthened and German 10-year bond yields rose.
US President-elect Joe Biden concludes his remarks to reporters following an online meeting with members of the National Governors Association (NGA) executive committee in Wilmington, Delaware, US on November 19, 2020.(Reuters File Photo)
US President-elect Joe Biden concludes his remarks to reporters following an online meeting with members of the National Governors Association (NGA) executive committee in Wilmington, Delaware, US on November 19, 2020.(Reuters File Photo)

Joe Biden says he’s decided on treasury secretary nomination

Washington | By Associated Press | Posted by Kanishka Sarkar
UPDATED ON NOV 20, 2020 06:17 AM IST
Joe Biden’s treasury secretary would lead his economic team as many businesses and Americans struggle while the pandemic continues.
A police officer keeps watch in front of the US Federal Reserve in Washington.(Reuters File Photo)
A police officer keeps watch in front of the US Federal Reserve in Washington.(Reuters File Photo)

Fed’s Williams sees about three years for full US recovery

By Reuters | Posted by Kanishka Sarkar
UPDATED ON SEP 29, 2020 11:21 PM IST
“We want to get back to maximum employment as soon as possible,” New York Fed President John Williams said.
Representational image.(File)
Representational image.(File)

Davis Cup Finals postponed until 2021

London | By Reuter
UPDATED ON JUN 26, 2020 06:51 PM IST
The 2020 event was originally scheduled for April but was postponed because of the pandemic. Officials had hoped to squeeze the competition in this year.
A New York City Police (NYPD) officer wearing a protective mask asks a rider to exit the train so it can be disinfected at the 2nd Ave-96th Street subway station in New York, US on Wednesday(Bloomberg File Photo)
A New York City Police (NYPD) officer wearing a protective mask asks a rider to exit the train so it can be disinfected at the 2nd Ave-96th Street subway station in New York, US on Wednesday(Bloomberg File Photo)

US business debt soars by record on bond issuance, loans

By Bloomberg | Posted by Kanishka Sarkar
UPDATED ON JUN 11, 2020 11:41 PM IST
In a matter of weeks, the coronavirus outbreak ended the record-long US expansion. Fed policy makers slashed the benchmark interest rate close to zero and the unemployment rate jumped from the lowest in 50 years to the highest since the Great Depression era.
US Federal Reserve Chairman Jerome Powell.(REUTERS)
US Federal Reserve Chairman Jerome Powell.(REUTERS)

US economy to shrink 6.5% in 2020, no rate hike through 2022: Fed officials

Washington | By Associated Press | Posted by Kanishka Sarkar
UPDATED ON JUN 10, 2020 11:47 PM IST
Fed officials have estimated that the US economy will shrink 6.5% this year, in line with other forecasts, before expanding 5% in 2021.
Kolkata biryani comprises rice, chicken/mutton, potato and egg.(Wikimedia Commons/Deepanjan Ghosh)
Kolkata biryani comprises rice, chicken/mutton, potato and egg.(Wikimedia Commons/Deepanjan Ghosh)

The curious case of potato in Kolkata biryani and how the British fed us a lie

Hindustan Times | By Kabir Singh Bhandari
UPDATED ON APR 21, 2020 04:37 PM IST
Kolkata biryani is a huge favourite not only in Kolkata, but also outside. However, it wasn’t introduced as an alternative to meat as is widely believed. Read on to find out the real reason.
The NSE Nifty 50 index fell 0.25% to 11,276 by 0358 GMT, while the benchmark S&P BSE Sensex was down 0.26% at 38,523.66. (PTI Photo)
The NSE Nifty 50 index fell 0.25% to 11,276 by 0358 GMT, while the benchmark S&P BSE Sensex was down 0.26% at 38,523.66. (PTI Photo)

Nifty, Sensex slip as Fed rate cut fails to boost confidence

Reuters | By Reuters
UPDATED ON MAR 04, 2020 10:32 AM IST
Indian equities, which had rallied on Tuesday on hopes of a coordinated effort by major central banks to combat the economic fallout of the virus, were kept in check on Wednesday by losses in heavyweight financials.
Compared with when the Fed previously cut rates more than a decade ago, the economy is now solid by most measures, if not spectacular.(Photo: Bloomberg)
Compared with when the Fed previously cut rates more than a decade ago, the economy is now solid by most measures, if not spectacular.(Photo: Bloomberg)

Federal Reserve cuts key rate for first time in more than a decade

Washington | By Associated Press
UPDATED ON JUN 08, 2020 01:08 AM IST
In addition to its rate cut, the Fed also announced that it would stop shrinking its enormous bond portfolio in August, two months earlier than planned. This step is intended to avoid putting upward pressure on long-term borrowing rates.
People look at a screen displaying the Sensex results on the facade of the Bombay Stock Exchange (BSE) building in Mumbai.(REUTERS)
People look at a screen displaying the Sensex results on the facade of the Bombay Stock Exchange (BSE) building in Mumbai.(REUTERS)

Sensex, Nifty end at five-month low on US Fed’s comments

Mumbai | By Press Trust of India
UPDATED ON AUG 01, 2019 04:43 PM IST
Among sectors, the Nifty metals index was down 3.13% at close after copper prices fell to a 3-week low following Powell’s comments.
The risk for emerging markets now is that the Federal Reserve delivers a 25 basis-point cut tomorrow without signaling much else.(Bloomberg Photo)
The risk for emerging markets now is that the Federal Reserve delivers a 25 basis-point cut tomorrow without signaling much else.(Bloomberg Photo)

Pain, not gain, may be in store for emerging markets after Fed

Bloomberg | By Justin Carrigan
UPDATED ON JUL 30, 2019 07:11 PM IST
Yield spreads on sovereign dollar bonds were an average of 2 basis points higher, according to JPMorgan Chase & Co.’s EMBI+ Index.
Alam in police custody.(Sourced)
Alam in police custody.(Sourced)

Fed up with frequent fights, Delhi man kills his two wives; arrested

Hindustan Times, New Delhi | By HT Correspondent
UPDATED ON JUL 03, 2019 07:36 AM IST
The man, who had fled to his native village in Araria in Bihar with his 13-year-old son, was arrested when he returned to Delhi and was heading to Bara Hindu Rao to take refuge at a relative’s place.
Image for representation(AFP)
Image for representation(AFP)

Fed Cup gets revamp with 12-nation Finals in Budapest in 2020

London | By Reuters
UPDATED ON JUN 27, 2019 02:56 PM IST
The move follows a revamp of the men’s Davis Cup which will culminate in an 18-nation event in Madrid in November.
As a result, people living in these areas are being forced to buy water from private tanker suppliers.(HT Photo)
As a result, people living in these areas are being forced to buy water from private tanker suppliers.(HT Photo)

Fed up with erratic water supply, Gurugram residents seek MCG chief’s help

Hindustan Times, Gurugram | By Dhananjay Jha
UPDATED ON JUN 06, 2019 08:04 AM IST
The residents claimed that the water pressure, too, is very low — water tanks in individual houses are not getting filled up and causing crisis on a daily basis.
France's Kristina Mladenovic and Caroline Garcia celebrate after winning their doubles match against Romania's Simona Halep and Monica Niculescu(REUTERS)
France's Kristina Mladenovic and Caroline Garcia celebrate after winning their doubles match against Romania's Simona Halep and Monica Niculescu(REUTERS)

France reach sixth Fed Cup final with win over Romania

Rouen | By Reuters
UPDATED ON APR 22, 2019 09:28 AM IST
France, who won the competition in 1997 and 2003, will visit Australia in the Nov. 9-10 final.
Romania's Monica Niculescu and Irina-Camelia Begu celebrate during their match against Czech Republic's Barbora Krejcikova and Katerina Siniakova(REUTERS)
Romania's Monica Niculescu and Irina-Camelia Begu celebrate during their match against Czech Republic's Barbora Krejcikova and Katerina Siniakova(REUTERS)

Romania stun champions Czech Republic in Fed Cup

Paris | By AFP
UPDATED ON FEB 11, 2019 08:48 AM IST
Begu and Niculescu triumphed 6-7 (2/7), 6-4, 6-4 in a thrilling rubber in Ostrava which lasted just seven minutes short of three hours.
People look at a screen displaying the Sensex results on the facade of the Bombay Stock Exchange (BSE) building in Mumbai.(Reuters file photo)
People look at a screen displaying the Sensex results on the facade of the Bombay Stock Exchange (BSE) building in Mumbai.(Reuters file photo)

Sensex ends lower over Fed rate hike

Mumbai | By Indo Asian News Service
PUBLISHED ON DEC 20, 2018 05:48 PM IST
In line with weakness in global markets, the BSE Sensex and Nifty50 ended lower on Thursday after the US Federal Reserve raised its short-term interest rate.
On the receiving end of Donald Trump’s crusade against the global economic order, it’s often assumed, are faceless multilateral institutions or the rules that have governed international commerce since World War II.(REUTERS)
On the receiving end of Donald Trump’s crusade against the global economic order, it’s often assumed, are faceless multilateral institutions or the rules that have governed international commerce since World War II.(REUTERS)

Trump is shattering economic taboos, and his successors may pay

By Bloomberg
UPDATED ON DEC 15, 2018 07:58 AM IST
US officials have struggled for decades to convince suspicious foreign counterparts about the separation of powers.
Czech Republic's Katerina Siniakova celebrates during her match against Alison Riske of the U.S.(REUTERS)
Czech Republic's Katerina Siniakova celebrates during her match against Alison Riske of the U.S.(REUTERS)

Czech Republic take 2-0 lead over United States in Fed Cup final

Reuters | By Reuters
UPDATED ON NOV 11, 2018 10:08 AM IST
Their opening day victories ensured the Czech team will take a 2-0 lead into Sunday as they seek a sixth Fed Cup triumph since 2011 against the only the country to have won more titles.
Kavita Kaushik may be off Facebook but she is still available on Instagram and Twitter.(Twitter)
Kavita Kaushik may be off Facebook but she is still available on Instagram and Twitter.(Twitter)

Fed up of seeing her morphed nude pics, FIR actor Kavita Kaushik quits Facebook

Hindustan Times | By HT Correspondent, New Delhi
UPDATED ON AUG 29, 2018 12:25 PM IST
Kavita Kaushik of FIR fame has quit Facebook after getting tired of seeing her morphed nude pics.
Eugenie Bouchard is currently ranked 146th.(AFP)
Eugenie Bouchard is currently ranked 146th.(AFP)

Eugenie Bouchard gets wild card into Montreal WTA event

Agence France-Presse, Montreal | By Agence France-Presse
UPDATED ON JUL 20, 2018 11:15 PM IST
Eugenie Bouchard played the Wimbledon final four years ago but has since suffered through season after season of disappointment and a tumbling ranking.
The rupee on Wednesday virtually ended steady at 66.66 against the US dollar.(Hemant Mishra/Mint)
The rupee on Wednesday virtually ended steady at 66.66 against the US dollar.(Hemant Mishra/Mint)

Rupee gains 13 paise against US dollar in early trade

Press Trust of India, Mumbai | By Press Trust of India
UPDATED ON MAY 03, 2018 10:41 AM IST
Forex dealers said weakness in the dollar against some other currencies overseas, after the US Federal Reserve reaffirmed the outlook for more rate hikes this year, supported the rupee.
Czech Republic’s Petra Kvitova in action during her singles match against Germany’s Angelique Kerber in the Fed Cup.(REUTERS)
Czech Republic’s Petra Kvitova in action during her singles match against Germany’s Angelique Kerber in the Fed Cup.(REUTERS)

Petra Kvitova outplays Angelique Kerber to send Czechs into Fed Cup final

Reuters, Stuttgart | By Reuters
UPDATED ON APR 22, 2018 09:38 PM IST
Petra Kvitova defeated Angelique Kerber 6-2, 6-2 in under an hour to send the Czech Republic to the Fed Cup final with what proved to be a 4-1 win over Germany on Sunday.
Czech Republic's Petra Kvitova returns a shot to Julia Goerges during their Fed Cup tennis semifinal on Saturday.(AP)
Czech Republic's Petra Kvitova returns a shot to Julia Goerges during their Fed Cup tennis semifinal on Saturday.(AP)

Fed Cup: Karolina Pliskova, Petra Kvitova give Czech Republic 2-0 lead over Germany

Reuters, Stuttgart | By Reuters
UPDATED ON APR 22, 2018 12:08 AM IST
by Petra Kvitova and Karolina Pliskova gave the Czech Republic a commanding 2-0 lead over hosts Germany in their Fed Cup semi-final on Saturday.
Powell, who took over from former Fed chief Janet Yellen in early February, triggered a brief global market selloff when he told US lawmakers late last month that he had grown more confident in the economic outlook.(REUTERS)
Powell, who took over from former Fed chief Janet Yellen in early February, triggered a brief global market selloff when he told US lawmakers late last month that he had grown more confident in the economic outlook.(REUTERS)

Jerome Powell likely to raise rates in US Fed policy meet, may upgrade 2018 outlook

Reuters, Washington | By HT Correspondent
UPDATED ON MAR 21, 2018 02:31 PM IST
The Fed raised its benchmark overnight lending rate three times last year, as joblessness fell and economic growth accelerated. It is expected to raise rates by another 25 basis points on Wednesday.
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