Business

Fed hikes rates to 3.75%-4%: FAQs on what it means for credit cards, mortgages, car loans and savings The US Federal Reserve has raised its benchmark interest rate by a quarter percentage point, taking the target range to 3.75%-4%. It is the first rate hike since the summer of 2023.The move is aimed at tackling…

Shares of industrial gas producer Steamhouse India made a strong market debut on Thursday, listing at Rs 93 on the BSE, a 14.81 per cent premium over the IPO issue price of Rs 81. On the NSE, the stock opened at Rs 94.50, marking a 16.66 per cent premium. The company’s market valuation stood at…

Jewellers will now have to pay Rs 75 for hallmarking each gold article, with a minimum charge of Rs 200 for every consignment. Ahead of the festive season, the price of hallmarking gold articles has been raised by the Bureau of Indian Standards (BIS). Earlier gold hallmarking cost was at Rs 45. Now it has…

Top stocks to buy today on September 17, 2026 Top stock market recommendations: Aegis Logistics, Aarti Pharmalabs, and Just Dial – are the top stocks to buy recommended by Aakash K Hindocha, Vice President – Research, Nuvama Professional Clients Group/Nuvama Wealth for September 17, 2026. Technical outlook for Nifty and Bank Nifty have also been…

Brent drops 1.2% in early trade to $104.59 as Saudi offers crude through Oman (AI-generated image) Oil prices fell on Thursday, extending the previous session’s losses, as reports that Saudi Arabia was arranging additional crude shipments through Oman eased concerns over supply disruptions in the Middle East.Brent crude futures fell $1.24, or 1.2%, to $104.59…

This new legislation gives the US President powers to impose up to 100% tariffs on countries like China and India which are major buyers of Russian crude. Tariffs, tariffs, and more tariffs – the Donald Trump administration’s favourite economic weapon is back in focus again with the US passing a new bill that allows its…

New Zealand parliament clears FTA with India NEW DELHI: New Zealand parliament has voted in favour of the trade agreement with India, setting the stage for its operationalisation. “People told me a FTA with India wasn’t possible. Well, today that deal passed its final vote in Parliament. It’s happening. National said we’d secure an FTA…

US Vice President JD Vance has defended the Trump administration’s efforts to reform the H-1B visa programme, saying the system should “not exist to replace American workers with low-wage foreigners.”Speaking on the business and technology show All-In Podcast, Vance said the administration pursued changes through executive and administrative measures because of the lack of political…

Trump argued that lower interest rates were justified by the US’s strong credit standing and booming investment (Fed Chair Warsh with Trump- file photo) US President Donald Trump stepped up his criticism of the Federal Reserve after the central bank raised its benchmark interest rate by 25 basis points to a 3.75 per cent-4 per…

The bill when signed by Trump will give him the authority to levy duties of up to 100 per cent on major buyers of Russian energy The US House of Representatives on Wednesday passed a sweeping Russia sanctions bill that targets Russian officials, banks and the country’s energy trade, while giving President Donald Trump the…