Latest in India Cuts Rates
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India's banking sector slump
Also in this newsletter: China is building the world’s largest dam and Ashish Gupta’s mantraFinancial Times - Jan. 28 -
Carse replaces Atkinson for second T20 in India
England replace Gus Atkinson with fellow pace bowler Brydon Carse for the second T20 against India in Chennai on Saturday.BBC News - Jan. 24 -
India’s restaurants versus Swiggy and Zomato
Also in this newsletter, Hindustan Unilever readies for Gen Z customers and the 76th Republic Day paradeFinancial Times - Jan. 24 -
Trump piles pressure on Fed chair Jay Powell to cut interest rates
US central bank widely expected to hold borrowing costs steady at meeting next weekFinancial Times - Jan. 23 -
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England's new era begins with heavy India defeat
England fall to a crushing seven-wicket defeat by India in Kolkata in their first T20 under Brendon McCullum.BBC News - Jan. 22 -
A 'National Tragedy' in India: Popcorn Is Taxed Three Ways
Critics say the multiplicity of tax rates on the humble snack is emblematic of why India remains a difficult place to do business.The Wall Street Journal - Jan. 22 -
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Wood returns for England's first T20 against India
Fast bowler Mark Wood will play for the first time since August in England's first T20 against India in Kolkata on Wednesday.BBC News - Jan. 21 -
Few buyers for India’s new electric cars
Also in this newsletter: Meta’s troubles with the competition commission, and Gautami Gavankar’s mantraFinancial Times - Jan. 21 -
Trump’s Return Has Unnerved World Leaders. But Not India.
An upward trajectory in relations is “almost inevitable,” the U.S. ambassador, Eric Garcetti, said in an interview before leaving his post.The New York Times - Jan. 19 -
Police volunteer in India convicted in rape, murder of doctor
Protests erupted in West Bengal last August after the body of a trainee doctor was found with multiple injuries in a hospital lecture hall.CBS News - Jan. 18 -
Trump’s policies risk stoking inflation and preventing rate cuts, IMF warns
Taking drive for deregulation too far could push the US on to a ‘dangerous boom-bust path’, fund cautionsFinancial Times - Jan. 17 -
India’s best cities to work in?
Also in this newsletter, IT sector pins hopes on Trump’s America and trade deficit narrowsFinancial Times - Jan. 17 -
First Horizon CEO says he's cautious about interest rate cuts in 2025
CNBC's Jim Cramer highlights the regional bank space, talking with First Horizon CEO Bryan Jordan.CNBC - Jan. 16 -
Treasury yields end at lowest levels in weeks on rate-cut possibilities
Yields on U.S. government bonds ended at their lowest levels in weeks on Thursday after one key policymaker spoke about the possibility of multiple 2025 interest-rate cuts by the Federal Reserve.MarketWatch - Jan. 16 -
Fed Governor Waller sees potential for multiple interest rate cuts in 2025
In a CNBC interview, the policymaker said he expects the first cut could come in the first half of the year.CNBC - Jan. 16 -
UK economy's disappointing November growth fuels the case for Bank of England rate cut
The U.K. economy grew at a lackluster pace of 0.1% in November, data from the Office of National Statistics showed Thursday.CNBC - Jan. 16 -
BoE may need to speed up rate cuts in coming year, policymaker says
Alan Taylor says stalling UK economy raises risks that five or six reductions will be neededFinancial Times - Jan. 15 -
Surprise fall in inflation boosts interest rate cut hopes
Inflation falls for the first time in three months, sparking expectations rates may be cut to 4.5% in February.BBC News - Jan. 15 -
Inflation Rose in December, Putting Rate Cuts Into Question
The consumer price index rose 2.9 percent in the last month of the year, the Labor Department reports.Inc. - Jan. 15 -
A global bond sell-off is deepening as investors pare Fed rate-cut expectations
A sell-off in global bond markets is accelerating, fueling concerns over government finances and raising the specter of higher borrowing costs.CNBC - Jan. 14 -
Small-cap stocks face heightened risk with rate cuts in question, warns BofA
The recent selloff in small-cap stocks left the Russell 2000 index in correction territory.MarketWatch - Jan. 13 -
Wall Street stocks waver after robust US data puts brake on rate cut bets
Treasury yields rise to highest level since late 2023Financial Times - Jan. 13 -
India's inflation slows to lower-than-expected 5.22% in December, boosting case for rate cuts
The full year inflation forecast for the RBI's 2024 fiscal year ending June 2025 is projected at 4.8%.CNBC - Jan. 13 -
In photos: World's biggest religious festival begins in India
The Maha Kumbh is a colourful religious festival where millions gather in Prayagraj city to take a holy dip.BBC News - Jan. 13 -
A murder that shook British India and toppled a king
A businessman was shot dead in India 100 years ago. Then, a sensational tale unfolded.BBC News - Jan. 12 -
Dow sees worst start to a year since 2016 as Fed rate-cut hopes fade for 2025
U.S. stocks are down so far in 2025 as market volatility climbs.MarketWatch - Jan. 11 -
Surprising December jobs growth is denting chances of a first-half Fed rate cut
Friday’s unexpectedly big increase in December nonfarm payrolls led to a diminished market-based likelihood for any rate cut by the Federal Reserve until September, based on one method of ...MarketWatch - Jan. 10 -
Strong December job growth could augur fewer Fed interest-rate cuts
Employers across the U.S. added a robust 256,000 jobs in December, a sign the labor market remains in good shape.CBS News - Jan. 10 -
The Fed Is in No Rush to Cut Rates
Fed officials have signaled that it will take more than one weak report to convince them that the labor market is deteriorating.The New York Times - Jan. 10 -
Nadella’s micro gift to India
Also in this newsletter: the bull run in defence stocks, and the car industry’s software problemFinancial Times - Jan. 10 -
Fed Governor Bowman says December interest rate cut should be the last
Federal Reserve Governor Michelle Bowman said Thursday she supported the recent interest rate cuts but doesn’t see the need to go any further.NBC News - Jan. 9 -
Fed Governor Bowman says December interest rate cut should be the last
Bowman said Thursday she supported the recent interest rate cuts but doesn't see the need to go any further.CNBC - Jan. 9 -
Why two Fed officials doubt the need for many more rate cuts
One official warned that “progress on inflation could continue to stall.”MarketWatch - Jan. 9 -
Fed officials saw need for ‘careful approach’ to future rate cuts
Minutes from December meeting show policymakers are concerned about US inflation risksFinancial Times - Jan. 8 -
Rate-Cut Decision Was Narrow, Fed Minutes Show
Stubborn inflation, and potential tariffs, make future rate cuts uncertain.The New York Times - Jan. 8 -
Fed Minutes May Show Why More Rate Cuts Will Face Hurdles
After a quarter-point cut in December, Chairman Jerome Powell said policymakers may be more cautious, since the incoming administration will create more uncertainty.Inc. - Jan. 8