Interim Budget: No Big Bang Announcements On Cards

If the Budget makes no big announcements on new schemes, projects, or tax giveaways, the government would face a major political dilemma as it may have to reluctantly consider shunning the practice of unveiling pre-election sops to woo voters, notes A K Bhattacharya. Last fortnight, Finance Minister Nirmala Sitharaman made […]

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FDA's New Advisory Committee For Genetic Metabolic Diseases

The U.S. Food and Drug Administration announced that it is creating a new advisory committee related to potential treatments for genetic metabolic diseases. The new Genetic Metabolic Diseases Advisory Committee would advise the agency on medical products used for the diagnosis, prevention or treatment of hundreds of different genetic metabolic […]

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Markets Anticipate Lower U.S. CPI Readings

Market sentiment remained tethered to expectations of a downtick in the consumer price readings due from the U.S. on Tuesday. Markets also widely expect the Fed to keep rates on hold in the decision to be announced on Wednesday. Wall Street Futures reveal mild gains. European benchmarks are trading mostly […]

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Markets Wary Of Monetary Policy Trajectory

Uncertainty over the future course of monetary policy persisted amidst better-than-expected ISM Services PMI reading and weaker-than-expected Job Openings data from the U.S. Recent dovish comments by ECB officials capped losses. Meanwhile, the uptick in metal prices lifted mining stocks. Wall Street Futures reflect mild gains. European benchmarks are trading […]

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