With Jerome Powell ruling out a rescue mission this week and incurring the wrath of Donald Trump, Wall Street is desperate for a lifeline as tariff-lashed markets slide anew. How desperate? Just look at the all-out plunge this year in returns that has taken hold across investment strategies that ride everything from US stocks big … Read more
NPS Vatsalya calculator: NPS Vatsalya is the recent addition to the range of pension schemes introduced by the NDA government under the leadership of Prime Minister Narendra Modi. The newest scheme represents a significant stride towards ensuring social security coverage for all citizens and empowers individuals to leverage the potential of compounding, allowing them to steadily build … Read more
By Jeanna Smialek The Federal Reserve’s first-ever foray into the corporate bond market will come to a final close in coming months, with the central bank announcing Wednesday that it will sell off its exchange-traded fund investments and direct bond holdings. The sales, which a Fed official said the central bank expects to complete by … Read more
Revising up inflation bands for the central bank will hurt the poor, former Deputy Governor of RBI Viral Acharya said on Wednesday, terming the current 4 per cent midpoint on price-rise as a “reasonable target”. Acharya, who quit RBI ahead of his tenure coming to an end last year, said India has to devise ways … Read more