Thu, Aug 03, 2023
What is America's Debt Ceiling Controversy? Watch 'Rating Downgrade Ki Pathshala' with AnilSinghvi
Fri, Jun 02, 2023
Indian equity benchmarks Nifty and Sensex are likely to start Friday's session on a positive note, tracking strength across most other major markets globally as investors pinned hopes on the progress on the bill to raise US debt ceiling and grew optimistic that the Fed might hold key interest rates in its next meeting.
Thu, Jun 01, 2023
Indian equity benchmarks Nifty and Sensex are likely to start the first session of June on a negative note, owing to largely weak moves across global markets. Singapore Exchange (SGX) Nifty futures, an early indicator of the Nifty 50 index, pointed to a weaker opening ahead on Dalal Street. Here's a list of 10 things you need to know before the Indian share market resumes trading.
US debt ceiling bill passed or not: A divided U.S. House of Representatives passed a bill to suspend the $31.4 trillion debt ceiling on Wednesday, with majority support from both Democrats and Republicans to overcome opposition led by hardline conservatives and avoid a catastrophic default.
Sat, May 27, 2023
Democrat Biden and the Republican speaker were narrowing differences, laboring to lock in details on a two-year agreement that would restrain federal spending and lift the legal borrowing limit past next year's presidential election.
Thu, May 25, 2023
Instead of moving towards a solution, the debt ceiling crisis in America is getting deeper. There was a meeting between US President Joe Biden and House Speaker Kevin McCarthy for about 4 hours but no deal was reached between them. Seeing the issue of the debt ceiling getting entangled in a political tussle, the rating agencies are now turning their eyes on America. Fitch, one of the top credit rating agencies placed the US “AAA” on “rating watch negative. What is the debt ceiling? What will happen if US rating downgrades? What will be its impact? Know in this special discussion of India 360.
Wed, May 24, 2023
The dollar index, which measures the U.S. currency against a basket of major peers, reached 103.65, the highest since March 20, and was last at 103.55.
The S&P 500 benchmark index (.SPX) declined 1.12% to end at 4,145.58 points. The Nasdaq Composite (.IXIC) fell 1.26% to 12,560.25 points, and the Dow Jones Industrial Average (.DJI) slid 0.69% to 33,055.51 points.
Mon, May 22, 2023
Rs 2000 notes to be withdrawn, what will be its impact? Why not panic like 2016 now? Why did RBI decide to withdraw ₹2000 notes? What are the updates on US Debt Ceiling? Know from Ajay Bagga, Chairman, Elyments Platforms.
Fri, May 19, 2023
The dollar index, a measure of the greenback's value against six major currencies, touched a new seven-week high of 103.63, and was last up 0.7% at 103.56.
Thu, May 18, 2023
Will Biden's decision to cut short his Asia trip hurt the U.S. abroad? What are the updates regarding US Debt Ceiling? Why did commodities become weak, what is the outlook for the future? Know from Ajay Bagga, Chairman of Elyments Platforms.
Wed, May 17, 2023
The dollar index, a measure of the greenback's value against six major currencies, was up 0.2% on the day at 102.61 . Against the yen, the greenback rose 0.2% to 136.315 yen
Thu, May 11, 2023
Republican House Speaker Kevin McCarthy has said his chamber will not approve any deal that doesn't cut spending to address a growing budget deficit.
Tue, May 09, 2023
The Treasury secretary is having one-on-one conversations with individual CEOs to warn them about the "dangerous consequences of the current brinkmanship," one of the sources said.
Thu, May 04, 2023
The US government could run out of cash to pay its bills as early as June 1, which could lead to a significant impact on the global economy. In this video, we explain how a US default could cause chaos in global financial markets and affect emerging nations like India.
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