Federal Reserve Chair Jerome Powell said the US economy achieved some progress in bringing inflation towards the 2% target and increasing job opportunities. Powell said the labor market has achieved a better balance with strong employment gains, while inflation fell from 7% to 2.7% but remains too high. He asserted the Feds commitment to bring inflation to the 2% target...

USD, US Equities Analysis Post-FOMC Fed forced to trim rate cut bets due to hotter inflation profileUSD reclaims some lost ground on hawkish forecastsUS equities rally on lower yields, USD despite the hotter inflation outlook The Fed Forced to Trim Rate Cut Bets due to Hotter Inflation Profile Federal reserve members were allowed the opportunity to revise their individual interest...

The Federal Reserve announced a decision to maintain interest rates unchanged between 5.25% and 5.5% at the June 11-12 meeting, maintaining them at 23-year highs. The Feds policy statement explains that the Federal Open Market Committee considers the risks facing achieving better employment and inflation goals are moving towards a better balance, but the economic outlook remains uncertain. More crucially,...

Yen tumbled in Asian trade on Friday to six-week lows against the US dollar, sharpening its losses for the second day following the Bank of Japans policy meeting. As expected, the BOJ maintained interest rates unchanged for the second meeting in a row, and as a challenge to market expectations, the BOJ asserted itll continue to purchase government bonds at...

CNBC-TV18 had reported on Thursday siting sources that Alipay, a unit of Jack Ma's Alibaba is looking to sell 29.6 crore shares or 3.4% of the company's overall equity in a block deal.

BHEL Share Price: The stock has been on an upward swing since November 22, and has gained  14% in the last five trade sessions. It has gained 105% this year, so far.

JPmorgan has maintained an 'overweight' rating on Reliance with a target of Rs 2,810 per share, while UBS has maintained a 'neutral' rating on Simens with a target of Rs 3,750 per share.

The rally in the Tata Motors stock comes ahead of the listing of its arm Tata Technologies Ltd on the bourses. Last heard, shares of Tata Technologies were trading at a premium of ₹420 in the grey market, suggesting a likely listing at ₹920 over its issue price of ₹500.

(Reuters) - The U.S. government's antitrust lawsuit against Apple ( AAPL ) draws on the watershed 1998 case that broke Microsoft's ( MSFT ) stranglehold on desktop software, but that may prove to be an imperfect blueprint for addressing smartphone competition. The market for the iPhone today looks very different from the near-monopoly enjoyed by Microsoft's ( MSFT ) Windows...

Analysts' ratings for Clear Secure ( YOU ) over the last quarter vary from bullish to bearish, as provided by 7 analysts. The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective. Bullish Somewhat Bullish Indifferent...

AMSTERDAM, March 22 (Reuters) - The Netherlands' prime minister will travel to China next week for a meeting with Chinese President Xi Jinping on economic ties, the Dutch government said on Friday, a meeting that is likely to be strained over computer chip export policy matters. The Dutch government this year began denying licenses for ASML, the biggest supplier of...

(Reuters) - The U.S. government's antitrust lawsuit against Apple ( AAPL ) draws on the watershed 1998 case that broke Microsoft's ( MSFT ) stranglehold on desktop software, but that may prove to be an imperfect blueprint for addressing smartphone competition. The market for the iPhone today looks very different from the near-monopoly enjoyed by Microsoft's ( MSFT ) Windows...

“Government of India is closely monitoring the situation," said Hardeep Singh Puri, Union Minister of Petroleum and Natural Gas (MoPNG).

Uttar Pradesh elections: The case was registered at the Kunda police station under various sections of the IPC and the Scheduled Castes and Scheduled Tribes (Prevention of Atrocities) Act. Acting on a complaint, the police registered the case against 18 people, including Raghuraj Pratap Singh, and the matter is being probed, the officer said.

Assembly Elections 2022 Live Updates: The first phase of Manipur Assembly Elections concluded on Monday with the north-eastern state recording a voter turnout of 78.03 percent as 38 constituencies went to the polls. The sixth and seventh phases of Uttar Pradesh elections will be held on March 3 and March 7 respectively. Poll campaigning in Uttar Pradesh is going on full swing with political parties going all-out in to woo the voters and attack opponents. Results of the seven-phase Assembly polls across five states will be declared on March 10. Follow LIVE Updates on Assembly Elections 2022 here

Uttar Pradesh elections: Out of the seven-phase elections, the politically important state has completed five rounds and the rest two are lined up on March 3 and March 7. Results will be declared on March 10 along with that of Punjab, Uttrakhand, Goa and Manipur.

May 15 (Reuters) - U.S. legislation that would restrict business with China's BGI, WuXi AppTec and certain other biotech companies on national security grounds will be voted on by a committee in the House of Representatives on Wednesday. If approved by the House Committee on Oversight and Accountability, the Biosecure Act would still need to be voted on by the...

(Reuters) - Shares of New York Community Bancorp rose nearly 5% in premarket trading on Wednesday, after the lender agreed to sell a portfolio of about $5 billion in mortgage warehouse loans to JPMorgan Chase ( JPM ). The deal with the largest U.S. bank by assets, announced late on Tuesday, will bolster liquidity at NYCB, which is planning to...

LOS ANGELES, May 15 (Reuters) - When Nicola Coughlan and Luke Newton were preparing to film Season 3 of the regency era romance series Bridgerton, they knew they were going from supporting characters to main characters. And it was scary. Coughlan remembers feeling relaxed while watching the couples from the first two seasons perform because the biggest pressure wasn't on...

May 15 (Reuters) - The day before Elon Musk fired virtually all of Tesla's electric-vehicle charging division last month, they had high hopes as charging chief Rebecca Tinucci went to meet with Musk about the network's future, four former charging-network staffers told Reuters. After Tinucci had cut between 15% and 20% of staffers two weeks earlier, part of much wider...

After a relatively quiet and sluggish weekend, bitcoins price started moving north once again at the start of the business week and kept rising until it popped to $71,767 (on Bitstamp) yesterday evening. This came amid the growing inflows toward most US-based spot Bitcoin ETFs, as yesterday saw nearly $500 million being poured in. Even Grayscales GBTC saw positive flows....

TL;DR Dora Factory launched a gas-free airdrop of its cryptocurrency, DORA, to over one million ATOM stakers for participation in governance and funding. The initiative offers the Cosmos community a chance to support public goods and developers through new voting technologies. Who Can Take Advantage? The blockchain project that aims to build an open infrastructure for DAO (decentralized autonomous organizations)...

TL;DR Bitcoin surged to $71,700 amid record inflows into US spot Bitcoin ETFs. BNB hit an all-time high of $710, surpassing major companies market caps, with forecasts suggesting it could reach $1,000. Floki Inus market capitalization peaked at over $3.2 billion before a slight retracement. BTC Headed North Again The price of the primary cryptocurrency has been on an uptrend...

Bitcoins price rise was stopped at just under $72,000 despite the impressive ETF inflows yesterday, and the asset has retraced by around a grand since then. Most altcoins are also slightly in the red today following yesterdays substantial gains, but BNB is still above $700, while LINK has dropped by 3%. BTC Struggles at $71K Bitcoin had a quiet weekend...