european central bank

The european central bank (ECB) has reduced interest rates by a quarter-point, marking the sixth consecutive cut, amidst concerns over eurozone growth due to US trade policies. The benchmark deposit rate now sits at 2.25 percent, the lowest since early 2023. This decision follows President Trump's tariffs, creating economic uncertainty.

Gold prices in Delhi hit a record high, reaching Rs 98,170 per 10 grams. This surge followed firm global cues. Silver prices, however, saw a sharp decline. Globally, gold initially peaked but later trimmed gains. Investors are now watching US economic data and the european central bank's policy decision amid trade concerns.

With President Donald Trump more unpredictable than ever and transatlantic ties reaching new lows, calls are growing louder for Europe to declare independence from US tech. As Europe faces Trump's tariffs, and threatens to tax US tech unless the two sides clinch a deal averting all-out trade war, there is a growing sense of urgency.

US stocks displayed a mixed performance as tech and growth stocks saw a cautious return, while healthcare sector weakness impacted the Dow. Global markets reacted to potential ECB rate cuts and escalating tensions between President Trump and the Federal Reserve. Asian markets closed higher, contrasting with declines in European indices amid ongoing trade and monetary policy uncertainties.

Gold prices in Delhi climbed, matching last week's record high. Silver also surged due to industrial demand. International markets saw gold increase, while silver dipped slightly. Investors are watching US trade policy and upcoming statements from the US Federal Reserve and european central bank. Market observers are awaiting for Thomas Barkin and Christine Lagarde speeches.

IMF head Kristalina Georgieva says a global recession is unlikely. This is despite trade tensions sparked by US tariffs. However, these trade disruptions will cost significantly. The IMF expects markdowns to global growth. Georgieva urges countries to adjust fiscal policy. She also wants central bank independence. China should boost domestic consumption. The US must address surging public debt.

Mehul Choksi, a graduate of G.D. Modi College in Palanpur, rose from his family’s diamond business to head Gitanjali Gems, expanding into global markets. His career, marked by rapid retail growth, later unravelled amid the ₹13,000 crore PNB fraud case. Now detained in Belgium, Choksi faces extradition and mounting legal action for financial misconduct.

Gold prices fell to their lowest in over three weeks due to market downturns and recession fears driven by trade conflicts. Investors sold gold to offset losses, while central banks continued to purchase gold, supporting its value.

The rising cost of overseas education means you will need to have a disciplined investment plan for the child’s goal in place well in advance

Stock market crash today: It’s bloodbath on Monday! BSE Sensex and Nifty50, the Indian equity benchmark indices, crashed in trade on Monday. Both stock market indices plunged over 4%. Why is the stock market falling? We take a look at key reasons:

Global financial markets experienced a significant downturn, erasing trillions in equity value due to President Trump's tariffs. Major indices entered bear market territory, with stocks, commodities, and crypto plummeting as investors sought safety in Treasuries and the yen. Recession fears are escalating, prompting market volatility and concerns about the Federal Reserve's response.

Explore the USA affordably with tips on detour destinations, off-season travel, and budget-friendly transportation. Save on attractions with city passes and free museum days. Enjoy free tours, local markets, and festivals. Discover free outdoor adventures, scenic routes, and smart booking strategies for unforgettable experiences without breaking the bank.

Multiple lenders are chasing the same borrowers amid stagnant incomes at the bottom of the pyramid

Indian stock markets plunged over 5% on Monday, tracking global selloffs triggered by trade tensions and new US tariffs. Trump's announcement of sweeping tariffs has led to severe market reactions worldwide. Trump hinted at crashing markets on purpose to influence Federal Reserve policies. The tariffs are raising consumer prices, with economies fearing potential recessions.

On April 2, 2025, President Trump announced tariffs to assert US economic independence, targeting countries including China. He insists this will revitalise domestic manufacturing, though it risks a global trade war. Trump expressed frustration with international trade practices, vowing to boost jobs and industry within the US while portraying his measures as a necessary resistance against foreign exploitation.

Donald Trump is considering a plan to force US gilt holders into swapping them for lower-value 100-year bonds, undermining a cornerstone of the global economy since 1945

Value investors are eyeing Japan as the land of the rising sun wakes up from a long deflationary slumber. Even Warren Buffett is ditching US stocks for Japanese equities. Should Indian investors follow suit?

Moody’s has upgraded Greece’s credit rating from Ba1 to Baa3, signaling improved public finances and increased confidence in the country’s economic stability. This milestone marks the end of Greece’s 15-year junk status, highlighting significant progress and commitment to reforms. Prime Minister Mitsotakis emphasized the importance of continuing reforms to attract investments and drive sustainable growth.