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2025-05-05 06:08:27| The Economic Times

Despite pressure from President Trump to cut interest rates, the Federal Reserve is expected to hold steady, influenced by concerns over inflation and the potential impact of tariffs. Fed officials are wary after past misjudgments on inflation, preferring to wait for more economic data. The Fed's independence is under scrutiny, with criticism over spending and calls for a strategic reset.

Category: News and Media

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2025-05-05 05:51:36| The Economic Times

Brent crude futures fell $2.04, or 3.33%, to $59.25 a barrel by 2240 GMT, while U.S. West Texas Intermediate dropped $2.10, or 3.60%, to $56.19 a barrel. Both benchmarks opened Monday at their lowest levels since April 9, reacting to OPEC+s decision to raise oil production for a second consecutive month.

Category: News and Media

2025-05-05 05:31:00| The Economic Times

We think the tariffs are an opportunity for India given the relative tariff advantage between China and India. An early indicator supporting this is the 100% shift to India from China (by 2026) for US-destined iPhones announced recently.

Category: News and Media

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05.05 SBI's Q4 a mixed bag; FY26 core profitability to remain under pressure: Rahul Malani 05.05 Agentic shopping goes mainstream: Visa teams with AI giants to shape whats next 05.05 PSU banks sink up to 40% in 2025. Can SBIs leadership, policy tailwinds drive a comeback? 05.05 Netweb Technologies shares zoom over 18% after Q4 net profit jumps 45% YoY on AI-led growth 05.05 Food pantry finds strong community response 05.05 Ather Energy IPO sees muted grey market buzz ahead of its listing 05.05 RIL set for multi-year outperformance on new energy push: Sandip Sabharwal 05.05 CDSL shares drop over 5% after Q4 profit falls 22% YoY to Rs 100 crore More »