Global Stocks Dip, Yields Rise on Rate Hike Expectations

A gauge of global stocks slipped on Wednesday after back-to-back gains as investors digested the latest…

Bank of England Raises Interest Rate to 3%, Highest in Over Three Decades

In a bid to control the rising inflation in the United Kingdom, the Bank of England…

UK’s New Finance Minister Reverses All Of Liz Truss’ Tax Cuts

Britain’s new Chancellor of the Exchequer, Jeremy Hunt, on Monday reversed entirely all of British Prime…

Bank of England Expands Push to Stabilise Financial Markets

The Bank of England on Tuesday expanded its emergency effort to quash upheaval on financial markets…

Liz Truss takes u-turn, scraps tax cut for wealthy that sparked market turmoil in UK

London: The British government has dropped plans to cut income tax for top earners, part of…

Bank of England Raises Key Interest Rate by 50 bps, Its Biggest Hike in Over 27 Years

Last Updated: August 04, 2022, 18:36 IST Bank of England’s (BoE) Monetary Policy Committee voted 8-1…

UK Inflation Hits 40-Year High Of 9.1 Per Cent As Food And Energy Price Rise Persists

The annual inflation in the UK has hit a fresh 40-year high, according to official data…

Bank of England hikes interest rates but resists bolder move

Image Source : AP The Bank of England’s action took its key rate to 1.25 per…

Markets go into tailspin after Fed rate hike; Sensex tumbles 1,046 points, Nifty ends below 15,400

Image Source : PTI From the Sensex pack, Tata Steel, Tech Mahindra, IndusInd Bank, Wipro, Bharti…