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US Fed's rate cut likely to have little impact on India: CEA Nageswaran

US Fed's rate cut likely to have little impact on India: CEA

September 19, 2024, 03:11 PM - 2 min read

Chief Economic Advisor V Anantha Nageswaran said the US Federal Reserve's 50 basis point rate cut will have a muted impact on India as it was largely anticipated, with Economic Affairs Secretary Ajay Seth noting minimal effect on foreign inflows.

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Benchmark equity indices Sensex and Nifty ended lower on Wednesday, after hitting fresh record high levels during the morning trade.

Markets decline as IT stocks falter ahead of Fed decision

September 18, 2024, 04:47 PM - 2 min read

The 30-share BSE Sensex dropped 131.43 points to settle at 82,948.23. The NSE Nifty also declined 41 points to close at 25,377.55.

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