Equity Markets and Gold Prices Surge After US Fed Rate Cut Hint

[ad_1] Equity markets and gold prices rallied sharply after US Fed Chairman Jerome Powell indicated that interest rates would be cut thrice in this year, starting from June.The key benchmarks, Sensex and Nifty, opened on a positive note and surged...

Rupee falls 13 paise to close at 83.16 against US dollar

[ad_1] The rupee declined 13 paise to close at 83.16 (provisional) against the US dollar on Wednesday, weighed down by a strong American currency against major rivals overseas and elevated crude oil prices.However, a recovery in domestic equity markets and...

Rupee jumps 9 paise to 82.74 against US dollar in early trade

[ad_1] The rupee stayed firm and rose 9 paise to 82.74 against the US dollar in early trade on Thursday on the back of a weak American currency overseas and sustained inflow of foreign funds in the domestic capital markets.Also...