“Even compared to gold, silver is beginning to look good. Unlike gold, silver also has some linkage to industrial demand. The US leading indicator on industrial production is also looking good. So, all this put together bodes well for silver,” she says. Barring some legacy stock holdings, about 90% of Mehra’s investments are channeled through …
However, in March 2024, some banks increased their fixed deposit rates. In the case of most banks, the current fixed deposit interest rates being offered are at a decadal high. So, are these the best interest rates on fixed deposits? And should you lock into these high fixed deposit rates? Let us discuss. Also Read: …
Gold prices in the international and domestic markets suffered losses in the first two months of 2024. A strong US dollar, expectations of further delay in US Fed rate cuts, and a rally in global equities affected the sentiment surrounding the metal. The US Dollar has gained almost 3% since the start of January. Firm …
Mumbai: Banking stocks were among the top gainers in Thursday’s session, after the US Fed’s dovish commentary spiked a rally in the broader markets. The BSE Bankex gained 1.26% or 668.88 points. Analysts attributed the rally in banking stocks to the underperformance in the sector compared to the benchmark and strong foreign inflows. Bank stocks …
Writer Russell Bakes once said, “Ah, summer, what power you have to make us suffer and like it.” While Mr Bakes was speaking about the season, the same may be broadly applicable to most asset classes that the retail investor can look at in the next six months, i.e. till next summer. And like the …
Federal Reserve officials agreed at their last policy meeting they could take a cautious approach to raising U.S. interest rates moving forward, and would only need to move them higher “if” incoming information showed insufficient progress in lowering inflation. “All participants agreed that the (Federal Open Market) Committee was in a position to proceed carefully,” …
The Federal Reserve’s latest move to raise its policy rate, marking the 11th increase in 12 meetings, has sparked widespread discussion in economic circles. The overnight interest rate at 5.25%-5.50% now stands at its highest level in 22 years, prompting the European Central Bank to follow suit with its 9th consecutive rate hike, reaching levels …