Federal Reserve Chair Jerome Powell issued a fresh warning to investors doubting his resolve to fight inflation: interest rates are heading higher and will stay there “for some time.”
Inflation Rate
Gold At Three-Week Low As Fed Officials Reiterate Hawkishness
Gold traded at the lowest level in more than three weeks as Federal Reserve officials reiterated their commitment to tighter monetary settings to curb inflation.
Todays Important Data for Bullion Market [10-Aug-2022]
Todays Important Data for Bullion Market Annual inflation rate in the US likely slowed to 8.7% in July of 2022 from 9.1% in June, which was the highest reading since November of 1981. Gasoline prices increased nearly 44% year-on-year in July, much slower than a 60% jump in June and …
Nifty Target Price 16,900 Levels By Year-End
Nifty Target Price: Nifty can head to 16,900 levels by the end of 2022 even as inflation and growth prospects remain a concern.
Bad news for SBI customers! SBI halves daily ATM withdrawal on THESE debit cards to Rs 20,000 from 31 October
As per a senior SBI official, the average cash withdrawal from ATMs per card is less than Rs 20,000 and the move will help in checking frauds and promote digital transaction. About a month ago, the State Bank of India (SBI) had alerted its customers holding Classic and Maestro debit cards regarding reduction of cash withdrawal limit to Rs 20,000 a day from ATM starting October 31.