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interest rate cuts

Commercial vehicle sales volume to fall 3-6 pc in FY25: Report

by Horatio Thompson
Commercial vehicle sales volume to fall 3-6 pc in FY25: Report

New Delhi: Commercial vehicle sales volume is expected to decline 3-6 per cent in the current fiscal due to a slump in demand, according to a report by CareEdge Ratings. …

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China pledges US$69 billion in credit backing for tech after resurrecting dormant financial tools

by Anas Siddiqui
China pledges US billion in credit backing for tech after resurrecting dormant financial tools

The refinancing will cover 60 per cent of the principal for qualifying loans to tech-based small and medium-sized enterprises, and can be extended twice for an additional year each time, …

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US stocks hit records as Federal Reserve confirms plan for 2024 interest rate cuts

by Anas Siddiqui
US stocks hit records as Federal Reserve confirms plan for 2024 interest rate cuts

Major Wall Street indices surged to fresh records on Wednesday after the Federal Reserve reaffirmed plans for interest rate cuts in the coming months, cheering investors who had feared a …

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