By Antonio Di Giacomo, Senior Market Analyst at XS.com The Federal Reserve decided to keep interest rates unchanged within the 3.50%–3.75% range, in a move widely anticipated by markets. The central bank opted for caution amid elevated global uncertainty, reaffirming its data-dependent approach and avoiding premature shifts in monetary policy.…
Continue ReadingKolkata, India Mar 19th: The sharp expansion of India’s Portfolio Management Services (PMS) industry reflects a structural shift in how high-net-worth investors are approaching wealth creation, according to Dhanvesttor, a women-focused PMS platform. Recent data from the Securities and Exchange Board of India (SEBI) shows that assets managed under PMS have expanded significantly over the past few years, rising to…
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Thadeu Dos Santos, Regional Director at Infinox “Gold fell to a one-month low as markets turned more cautious ahead of today’s Federal Reserve decision and Chair Jerome Powell’s remarks alongside updated economic projections. While a hold in rates is widely expected, uncertainty around the medium-term policy path remains elevated, especially…
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-Konstantinos Chrysikos, Head of Customer Relationship Management at Kudotrade Oil prices moved lower to a certain extent today, retreating from this week’s peak as markets reacted to tentative efforts to restore supply flows from the Middle East. Signs of potential progress helped ease some concerns, although the situation remains fragile…
Continue ReadingNew Delhi, March 19: The government has approved a ₹472 crore project for construction of a Road Over Bridge (ROB) and associated infrastructure at Tuna-Tekra to strengthen port connectivity and improve cargo evacuation, the Ministry of Ports, Shipping and Waterways said. Union Minister for Ports, Shipping and Waterways Sarbananda Sonowal…
Continue ReadingNew Delhi, March 19: The Centre has released over ₹24,600 lakh under the Rashtriya Gokul Mission (RGM) to Andhra Pradesh between 2014–15 and 2025–26 to support indigenous cattle development, the Lok Sabha was informed. In a written reply, Fisheries, Animal Husbandry and Dairying Minister Rajiv Ranjan Singh said the funds…
Continue ReadingA decade after its launch, the Digital India programme is no longer just a government initiative. It has evolved into the backbone of India’s economic and service delivery architecture, quietly reshaping everything from banking and payments to welfare distribution and digital commerce. The scale of transformation is striking. Broadband subscribers…
Continue ReadingNew Delhi, March 19: Cooperative banking institutions in Odisha remain financially stable, with no banks under liquidation and a marginal decline in non-performing assets (NPAs), the government informed the Rajya Sabha. In a written reply, Union Minister for Home and Cooperation Amit Shah said the state has 9 Urban Cooperative…
Continue ReadingThe Cabinet Committee on Economic Affairs has approved ₹1,718.56 crore in Minimum Support Price (MSP) funding to the Cotton Corporation of India (CCI) for the 2023–24 cotton season, reinforcing price support mechanisms for cotton farmers. The funding is aimed at enabling CCI to undertake large-scale procurement when market prices fall…
Continue ReadingIn a move aimed at strengthening regional connectivity and cross-border trade, the Cabinet Committee on Economic Affairs has approved the construction of a four-lane access-controlled National Highway-927 from Barabanki to Bahraich in Uttar Pradesh. The 101.5 km project will be developed at a cost of ₹6,969.04 crore under the Hybrid…
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