Fomc News

The domestic currency rupee in Wednesday's session was trading higher at 70.82 per dollar. The unit opened at 70.89 as against the previous close of 70.92. On Tuesday, rupee closed at a one-month high on the back of strong foreign ...

The Indian rupee resumed trade with gains on Tuesday and opened higher by 0.24% at 69.84 per dollar. On Monday, stock, currency and commodity markets were closed for the fourth phase of Lok Sabha elections. The surge in domestic currency ...

Benchmark indices opened the day lower, even as Asian markets exhibited a sluggish trend ahead of the 2-day US Federal Meet. The Fed is likely to keep interest rates steady, but, the markets would closely watch for a commentary on future ...

The rupee opened the day sharply lower by 24 paise at 60.27 to the dollar, as against its previous close of 60.03. On Tuesday the rupee recovered from 7-week low boosted by comments from RBI Governor Raghuram Rajan that India ...

Markets are expected to open flattish with a slight negative bias. Markets in the US closed lower even as the Minutes of the FOMC Meet were released. The Minutes suggest that there could be a possibility of accelerated end to ...

Gold prices declined in trade today ahead of a crucial Federal Open Market Committee (FOMC) meet slated for Dec 17 and Dec 18, which could decide the outcome of QE3 tapering. To read more about QE3 tapering click here MCX ...

Gold was trading steady ahead of the Federal Reserve Open Market Committee (FOMC) meet slated for December 17 and December 18. Gold for February delivery on the MCX was trading marginally lower by Rs 20 at Rs 29,440, while Silver ...