US Stock Market | Unexpected job losses, rise in unemployment rate fan US labor market doubts

America’s job market saw an unexpected decline in February. Nonfarm payrolls dropped, and the unemployment rate climbed to 4.4 percent. This development presents a challenge for the Federal Reserve. Factors like a healthcare worker strike and severe weather impacted job numbers. Economists are watching closely as rising oil prices and trade policy uncertainties add to […]

US Stock Market | 5 world market themes for the week ahead

Global financial markets face a volatile week as the U.S.-Iran conflict drives oil and gas prices sharply higher, potentially overshadowing crucial U.S. inflation data. Investors are closely watching central bank reactions, with a growing likelihood of rate hikes. China’s economic data and Colombia’s pre-election political landscape also remain key market influences.

Rupee likely to trade below 92/$ in case of long war: BoB

The Indian rupee faces pressure and may fall below 92 against the US dollar. A prolonged conflict between the US, Israel, and Iran could drive up oil prices. This rise in oil costs is expected to affect India’s fiscal deficit and inflation. Economists predict a potential impact on India’s GDP due to higher crude prices.

RBI proposes compensation for bank fraud losses up to Rs 50,000

New RBI proposals aim to protect bank customers from fraudulent electronic transactions, potentially offering compensation up to ₹50,000 even in cases of customer negligence. The draft regulations propose reimbursement of 85% of the net loss or ₹25,000, whichever is lower, with a lifetime benefit limit. Banks will bear the burden of proof for customer liability […]