US stocks were mixed on Tuesday as investors monitor progress on trade talks and a voting marathon in Washington over President Donald Trump’s tax and spending bill. As of 10:15 AM Eastern time, the S&P 500 was 0.1% lower, the
The price of jet fuel (ATF) was sharply increased by 7.5 per cent on Tuesday, while the cost of LPG used in commercial establishments was reduced by Rs 58.50 per cylinder, reflecting shifts in international benchmark rates. Photograph: David Becker/Reuters
Large tariffs by the United States administration and elevated geopolitical risk have increased near-term global financial stability risks, and along with weather events pose downside risks to domestic growth, Reserve Bank of India (RBI) Governor Sanjay Malhotra said in the
Indian economy remains a key driver of global growth on the back of sound macroeconomic fundamentals and prudent policies, the Reserve Bank said on Monday. Photograph: Amit Dave/Reuters In its bi-annual Financial Stability Report (FSR), the central bank also said
The central government’s fiscal deficit fell to 0.8 per cent of the full-year target at the end of May, mainly due to a whopping Rs 2.69 lakh crore dividend received from the Reserve Bank of India. Illustration: Dominic Xavier/Rediff The
