US Fed cuts interest rate by 25 bps, pencils in two more rate cuts in 2025
The US Federal Reserve, besides the interest rate cut, delivered a higher US GDP growth forecast while maintaining its inflation…
Month: September 2025
Ticket platform StubHub erases gains to fall below IPO price
The trading gives StubHub a market capitalisation of about $8.5 billion based on the outstanding shares listed in its earlier…
Ben & Jerry’s Jerry Greenfield quits after rift with parent Unilever over Israel-Gaza war
Ben & Jerry’s has been silenced and sidelined for fear of upsetting those in power, Jerry Greenfield says in an…
US Fed meeting: A rate cut by Jerome Powell to mark pivot towards faltering job market
Investors will be looking at Fed Chair Jerome Powell and parsing fresh economic projections for clues on the likely path…
A US Fed rate cut is a given, but what next? Over to Jerome Powell now
The Wall Street has priced in a 25 basis-point US Fed rate cut and will watch out for cues for…
PhonePe, Paytm, Cred shut down rent payment feature after RBI curbs: Report
Users will no longer be able to use fintech apps to route their rent payments through credit cards and will…
Marco sequel in the works? Makers register Lord Marco as title without Unni Mukundan
Unni Mukundan’s Marco was a huge success at the box office when it released in 2024. The actor has since…
Govt notifies new GST rates ahead of pan-India rollout from 22 September
India had on 4 September announced new GST rates in biggest indirect tax reforms since 2017. That was a result…
Japan’s Sumitomo Mitsui to buy more of Yes Bank after SBI stake sale
Japan’s Sumitomo Mitsui Banking Corp. has the approval of RBI and CCI to increase its shareholding in Yes Bank to…
SBI completes 13.18% Yes Bank stake sale to Japan’s SMBC for ₹8,889 crore
State Bank of India (SBI), despite the Yes Bank stake sale, will continue to have a shareholding of 10.8% in…