Financial Crisis

Washington, Dec 17: In a historic move, America's central bank, the US Federal Reserve, for the first time in nearly a decade raised its key interest rate from a range of 0 percent to 0.25 percent to a range of 0.25 percent to 0.5 percent…

Washington, Dec 2:  The US manufacturing Index in November contracted to the lowest level since June 2009 when the economy was caught up in the worst financial crisis in decades. The manufacturing index, also known as the purchasing…

The media and political pundits needed the Bihar election outcome to conclude that the Modi wave is now officially over. The Indian markets, however, have been giving this signal for many months now with equities not participating in yet…

Frankfurt, Oct 9: The benchmark DAX index at Frankfurt Stock Exchange kept on the track of recovery and closed at nearly 10,000 points. Though four leading economic institutes in Germany lowered their forecast for that country's growth in…