By Jimmy Patel The successive policy repo rate cuts by the Reserve Bank of India (RBI) since 2019 to support growth has left sections of the society nervous. The rate cuts are good news for…
Rocky October likely after volatile September as investor…
A pedestrian outside the New York Stock Exchange in New York, July 29, 2020.Wang Ying | Xinhua News Agency | Getty ImagesThe October market story is really complicated.If you thought September was confusing, October is…
S&P’s Tesla snub shows the risks to this…
Tesla CEO Elon Musk speaks at an opening ceremony for Tesla China-made Model Y program in Shanghai on Jan. 7.Aly Song | ReutersMost investors can relate to the dilemma faced by the S&P Dow Jones…
‘Interest-only’ mortgages might make sense in some situations,…
If you're in the market for a house and are considering an "interest-only" mortgage, proceed with caution.With tightened lending standards amid ongoing economic uncertainty — coupled with continually rising home prices and persistent low interest…
Investors should brace for a 15%-20% downdraft due…
BTIG's Julian Emanuel has warning for investors: Brace for a 15% to 20% pullback.Emanuel, who came into 2020 as one of Wall Street's biggest bulls, sees a stock market out of alignment with the economy…
Infosys says Covid-19 related risks could hit profitability,…
Bengaluru: Infosys said Covid-19 led slowdown has resulted in termination of projects and may hit the company’s profitability going forward. The Bengaluru-headquartered IT services exporter has highlighted the pandemic could be a major risk going…
Fed sees ‘medium-term’ pandemic risks, keeps zero-rate pledge
By Christopher Condon and Craig TorresFederal Reserve officials restated their pledge to hold the benchmark interest rate near zero and will keep buying bonds, judging that the coronavirus pandemic “poses considerable risks to the economic…