Gold Falls Rs 100; Silver Slumps Rs 250
In the overseas markets, spot gold at Comex was trading at USD 2,173 per ounce, down by USD 4 from the previous close.
Mar 26, 2024, 19:04 PM IST
US economy grew 5.7% in 2021 in a rebound from the 2020 recession
For all of 2022, the International Monetary Fund has forecast that US' GDP growth will slow to 4% for 2022.
Jan 27, 2022, 19:54 PM IST
US public debt at record high above $22 trillion
The amount of the debt as of February 11 was quoted in a daily statement by the department on Tuesday.
Feb 13, 2019, 09:20 AM IST
US economic growth revised up to 3.1 percent rate in Q2
It is the strongest performance since the economy grew at a 3.2 per cent pace in the first quarter of 2015. The upward revision reflected larger farm stockpiles.
Sep 28, 2017, 19:28 PM IST
Gold at highest since May 1 on political uncertainty, dollar
Gold hit its highest in nearly four weeks on Friday as political uncertainty led investors to shun riskier assets in favour of bullion.
May 26, 2017, 20:41 PM IST
Donald Trump aims to balance budget in decade targets 3% growth
US President Donald Trump is aiming to balance the federal budget in a decade with substantial cuts to safety-net programmes, combined with a tax overhaul to speed up the economy and achieve an ambitious growth rate of three per cent, the White House has said.
May 23, 2017, 10:43 AM IST
US confirms disappointing growth in 2016
The US Commerce Department on Tuesday confirmed a picture of sluggish growth in 2016, with the world`s largest economy growing at its slowest pace in five years.
Feb 28, 2017, 19:15 PM IST
Asian shares edge up as soft U.S. GDP cuts Fed rate hike bets
Asian shares ticked up slightly on Monday after disappointing U.S. economic growth data reduced expectations of a rate hike by the U.S. Federal Reserve in the next few months.
Aug 01, 2016, 08:11 AM IST
Internet economy is 6% of US GDP: Study
The Internet`s economic impact has doubled since 2007 and now fuels at least six percent of the overall US economy, a study showed Thursday.
Dec 11, 2015, 02:21 AM IST
US economy rebounds at mild pace in Q2
The US economy expanded at an annual rate of 2.3 percent in the second quarter, a moderate bounce from the revised 0.6 percent increase in the first quarter.
Jul 31, 2015, 11:19 AM IST
Dollar steady in Asia despite weak US GDP data
"Traders will look at this week`s data with a little bit of caution, but the main thing is, if the euro is losing ground, naturally you find the US dollar tends to benefit from that," Stan Shamu, a markets strategist IG Ltd., told Bloomberg News.
Jun 01, 2015, 12:05 PM IST
US economy contracts in first-quarter; dollar hurts corporate profits
The government on Friday slashed its gross domestic product estimate to show GDP shrinking at a 0.7 percent annual rate instead of the 0.2 percent growth pace it estimated last month.
May 30, 2015, 09:23 AM IST
Obama takes US economic bright spell on the road
Riding high on a stronger economy, President Barack Obama is setting out on a US tour to highlight the improved numbers, with hopes that his approval rating follows suit.
Jan 07, 2015, 23:52 PM IST
Dollar gives up US GDP data gains in Asia
The dollar lost more ground in thin Asian trade Thursday, after a rally powered by decade-high US economic growth figures.
Dec 25, 2014, 11:37 AM IST
US factory activity back at 3-1/2-year high, auto sales rise
US manufacturing activity unexpectedly accelerated in October and automobile sales were strong, easing concerns of a significant moderation in economic growth.
Nov 04, 2014, 09:06 AM IST
US GDP growth rebounds to 4% in 2nd quarter
Private investment soared 17.0 percent in the second quarter, after shrinking 6.9 percent in the previous period. Investment was strong in both equipment and homes.
Jul 30, 2014, 18:49 PM IST
US economy seen regaining muscle in second quarter
Gross domestic product likely grew at a 3.0 percent annual rate after shrinking at a 2.9 percent pace in the first quarter, according to a Reuters survey of economists.
Jul 30, 2014, 11:20 AM IST
