Economic Data
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Dollar hits fresh 34-year high against Yen amid US inflation surge
Business | Apr 29, 2024, 03:05 PM ISTDespite the potential for intervention, analysts remain doubtful about its effectiveness. Tapas Strickland from the National Australia Bank highlighted that macroeconomic fundamentals do not currently support a significant shift towards a hawkish monetary stance.
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Economic downturn: India's July-Sept quarter GDP numbers crucial, says report
Business | Nov 12, 2019, 05:26 PM ISTIndia's July-September quarter Gross Domestic Product (GDP) data, scheduled for a release on November 29, will be important as headline growth has already slipped to a six-year low, said Singapore's DBS Bank in its daily report on Tuesday.
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US dollar rises slightly amid economic data
Business | Jul 04, 2019, 08:45 AM ISTThe US dollar rose slightly in late trading on Wednesday as investors digested a batch of latest economic data. In late New York trading, the euro was down to $1.1278 from $1.1290 in the previous session, and the British pound decreased to $1.2576 from $1.2602 in the previous session, Xinhua news agency reported.
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US dollar extends rise amid ecominc data, euro slips
Business | May 22, 2019, 10:56 AM ISTThe total existing-home sales, completed transactions that include single-family homes, townhomes, condominiums and co-ops, fell 0.4 per cent from March to a seasonally adjusted annual rate of 5.19 million in April.
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Sensex sheds 355 points due to global sell-off, closes below key 38,000-mark
Business | Mar 25, 2019, 04:03 PM ISTInvestor sentiment dampened after weaker-than-expected economic data from the US and Europe last week stoked fears of a global slowdown. The trade worries between the US and China too added to the worries, brokers said.
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Need to break back of inflation, says RBI Governor Raghuram Rajan
Sep 26, 2014, 07:44 AM ISTMumbai: Reserve Bank of India (RBI) Governor Raghuram Rajan has said that there was a need to ‘break the back' of inflation which remains high and controlling it would make the apex bank's position more
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Sensex Ends 2011 With 89 Points Down
Dec 30, 2011, 04:58 PM ISTMumbai, Dec 30: The BSE Sensex today fell for the fourth day in a row, losing another 89 points on the last trading day of the year on FII outflows amid worries over slowdown in