The FOMC decision to raise benchmark lending rates by 25 basis points came as no surprise to equity investors, as it totally aligned with the Street's expectation.
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The FOMC decision to raise benchmark lending rates by 25 basis points came as no surprise to equity investors, as it totally aligned with the Street's expectation.

Iranian parliament speaker Mohammad Bagher Ghalibaf mocked the Fed's rate hike, invoking the Strait of Hormuz in a satirical Taylor Rule.

The outcome and Fed Chair Kevin Warsh's commentary could have significant implications for global bond yields, the US dollar, capital flows and emerging-market currencies and equities, including the Indian rupee and D-Street.

The benchmark lending rates have been raised by 25 basis points, which is in accordance with the market's expectation.

Calling for regulations on AI systems, he noted that any catastrophe linked with AI systems, could be irreversible.

Shashi Shekhar Vempati continues as CBFC chairperson, while the new panel includes filmmakers, musicians, writers, critics and theatre personalities for a three-year term.

Market experts shared their insights on fundamentals and technical levels for key stocks such as Hero MotoCorp, Vishal Mega Mart, M&M, Laurus Labs and Waaree Energies

Guterres called for stronger AI oversight and common guardrails as world leaders prepare to discuss AI governance, while Trump has argued existing US safeguards are sufficient.

Google DeepMind co-founder Shane Legg says AI capabilities must not outpace safety controls as the DeepMind Institute launches to examine the implications of AGI.

Despite Wednesday's recovery, momentum indicators continue to point to strong selling pressure.

OpenAI is testing Sponsored Agents in ChatGPT while adding AI-powered tools to Ads Manager for campaign creation, optimisation, ad copy and image generation.

US lists India among 23 major drug transit nations for FY27 but praises PM Modi's efforts to curb illicit opium cultivation.