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Month: September 2015

What US Fed Reserve Communicated

The much awaited event of the month – US Federal Reserve Policy meet ended yesterday as the Fed chose to keep rates unchanged. It was highly anticipated that the encouraging US employment data alongside manufacturing data would force the central bank to hike rate for the first time since 2006. […]

India’s Latest GDP Data Looks Encouraging

According to the data released on Monday, India’s agriculture sector grew 1.9% during the June quarter, while manufacturing growth was at 7.2%. Trade, hotel, transport and communication, which accounts for almost a fifth of India’s GDP, were the only sector to grow in double digits at 12.8%. The job-generating construction sector […]