Business

US Fed rate cut: How does it impact mortgages, credit card and savings accounts interest of Americans? Explained

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The US Federal Reserve has cut interest rates for the first time in nine months, reducing the short-term rate to around 4.1%. This decision, influenced ...

US markets today: Wall Street heads for fresh records led by tech rally; Fed rate cut boosts sentiment

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Wall Street rallied, propelled by tech stocks, after Nvidia’s $5 billion investment in Intel and the Federal Reserve’s interest rate cut. The S&P 500 neared ...

Nvidia-Intel pact: Nvidia to invest $5 billion in Intel; firms to co-develop AI infrastructure and PCs

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Nvidia is set to invest $5 billion in Intel, forging a partnership to develop AI infrastructure and PC products. Nvidia will purchase Intel stock, and ...

Pharma sector outlook: ICRA pegs 7-9% revenue growth for FY26, US headwinds cloud prospects

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India’s pharmaceutical sector is poised for strong revenue growth, projecting 7-9% in FY26, driven by domestic and European demand. While US market growth may moderate, ...

UK interest rates: Bank of England holds interest rate at 4%; inflation lingers at 3.8%

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The Bank of England maintained its key interest rate at 4 per cent, despite UK inflation remaining high at 3.8 per cent in August, nearly ...

GST rate cut benefit: Maruti Suzuki slashes car prices by up to Rs 1.29 lakh; check list

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Maruti Suzuki India is set to reduce vehicle prices by up to Rs 1.29 lakh starting September 22, passing on the benefits of a GST ...

Ahmedabad plane crash: Air India victims’ kin sue Boeing, Honeywell; blame fuel cutoff switches that FAA cleared as ‘safe’

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Families of Air India Flight AI171 crash victims are suing Boeing and Honeywell, alleging faulty fuel switches caused the disaster. The lawsuit claims the switches’ ...

Private capex jump unlikely in FY26: S&P

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Is India’s Private Investment Momentum Slowing Down? The Indian economy has been riding a wave of optimism, fueled by strong GDP growth and government spending ...

Gold & silver price prediction today: MCX Gold to remain bullish? Here’s the outlook

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Gold and silver price prediction today: According to Abhilash Koikkara, gold prices are expected to remain bullish, finding strong support around ₹1,09,000, potentially reaching ₹1,11,000. ...

‘Don’t hesitate to invest more, expand capacities’: Sitharaman tells India Inc, lists 3 points – Here’s all you need to know

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Finance Minister Nirmala Sitharaman urged India Inc to increase investments and expand capacities, highlighting the government’s delivery on key reforms. She requested the private sector ...