Speculation about when the Fed will begin to raise rates has dogged Wall Street for several months, with the picture complicated by recent market turbulence.
US Personal Consumption Expenditure has increased by 1.2% in August against the central bank’s target — of 2% a hint that prices could take some time to pick up.
Dalal Street traders have created risky derivative positions ahead of the Fed’s meeting that bet on a move in the Nifty either side soon after the event.
Sebi has asked MF houses to report the downgrades in the bonds in which they invest to their trustees on a real-time basis and then to the regulator on a monthly basis.
BSNL's Kerala circle has registered a remarkable profit of Rs 486 crore in the financial year of 2014-15 though the central PSU is struggling at the national level.