Economy News Today Live: US Fed Chair Jerome Powell says no need to rush rate cuts amid strong economy
Economy News Today highlights on November 15, 2024: Stay informed with the latest information and news about the Indian economy, world economy, global indicators, government policy for the economy, and real-time insights on dynamic GDP growth with our live coverage. LiveMint is the one-stop hub for those looking for the latest economic news and willing to understand the intricacies and details of their impact on our daily lives. Catch real-time updates here.
Disclaimer: This is an AI-generated live blog and has not been edited by LiveMint staff.
15 Nov 2024, 07:53:32 PM IST
Economy News Today Live: India pitches for $1.3 trillion per year till 2030 in NCQG for developing nations at COP29
- These funds should be though grants, concessional finance and non-debt-inducing support, without subjecting developing countries to growth-inhibiting conditionalities.
15 Nov 2024, 07:14:55 PM IST
Economy News Today Live: India’s forex reserves down $29 billion from peak, falls for sixth straight week to hit 3-month low of $675.6 billion
- India’s forex reserves down $29 billion from peak, falls for sixth straight week to hit 3-month low of $675.6 billion
15 Nov 2024, 04:52:57 PM IST
Economy News Today Live: India’s trade deficit with China soars during April-October despite import curbs
- Chinese imports to India were nearly double that of Russia and about 2.5 times more than imports from the UAE during the period.
15 Nov 2024, 04:50:38 PM IST
Economy News Today Live: Boston Fed President says December rate cut isn’t a ‘done deal’
- Officials lowered interest rates by a combined 0.75 point at their last two meetings.
15 Nov 2024, 04:41:48 PM IST
Economy News Today Live: Onion prices to remain high in Nov after 52% rise YoY, other vegetable rates to dip 4% MoM: ICICI Bank
- Onion prices to remain high in Nov after 52% rise YoY, other vegetable rates to dip 4% MoM: ICICI Bank
15 Nov 2024, 03:42:20 PM IST
Economy News Today Live: India in economic sweet spot amid global headwinds: Moody’s
- The rating agency sees India’s economy growing at 7.2% in 2024 and inflation moderating despite a temporary uptick.
15 Nov 2024, 01:30:04 PM IST
Economy News Today Live: Rural consumption revival pushes digital demand in small towns
- Festive season spending patterns show that semi-urban and rural consumption demand is reviving
15 Nov 2024, 10:10:39 AM IST
Economy News Today Live: China coped with Trump’s first trade war. A second one will be tougher.
- Beijing might have little choice but to reconfigure its economy should it become embroiled in a broader trade conflict.
15 Nov 2024, 07:31:52 AM IST
Economy News Today Live: US Fed Chair Jerome Powell says no need to rush rate cuts amid strong economy
- Jerome Powell noted that the economy was not signaling any distress that would necessitate an accelerated pace of rate cuts. On the contrary, he remarked, “if the data allow us to proceed a bit more gradually, that seems to be the prudent course of action.”