Wall Street’s main indexes ended a seesaw session higher on Monday, as investors turned their attention to this week’s policy meeting at the Federal Reserve and how aggressively it will hike interest rates. Even more so than the Ukraine war or corporate earnings, the actions of the U.S. central bank are driving market sentiment as traders try to position themselves for a rising interest rate e...

The biggest challenge for the government is to rein in inflation, especially prices of food, oil and commodities that threaten to erode living standards of vast sections of the population. Rising prices are a “tax on the poor” as food consumption accounts for a large share of their meagre budgets and dearer food—the food index registered a 14-month high at 5.43% in January and 5.85% in Febru...

THE INDIAN ECONOMY IS FIRMLY ON THE PATH TO RECOVERY AND LONG-TERM RENEWAL, DESPITE THE SECOND WAVE OF COVID-19 SLOWING IT DOWN, AIDED BY A SERIES OF TIMELY MEASURES AND THE POLICY REFORMS TAKEN BY THE CENTRE, VICE PRESIDENT M VENKAIAH NAIDU SAID HERE ON SATURDAY.He said the economy grew at a record pace of 20.1 per cent in first quarter of FY 2022 in contrast to the contraction of 24.4 per cent i...

Cyclone Yaas, the second powerful storm to hit India in just a matter of a week, left behind a trail of damaged homes, and flooded farmland in coastal districts of Odisha and West Bengal. The impact was also seen in Jharkhand. In Bengal, one crore people were affected due to the cyclone, which whiplashed the country's eastern coasts. West Bengal Chief Minister Mamata Banerjee informed that one per...