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- Up 725% in five years: Small-cap stock to be in focus on Monday after ₹5.12 crore order win
Silver Touch Technologies has secured a ₹5.12 crore order from Gujarat Urja Vikas Nigam Limited for managing IT infrastructure. The contract supports GUVNL's e-Urja platform with a commitment to application uptime at 99% SLA, enhancing services for over a crore consumers.
- Fed September meeting: Hike rates to fight inflation or heed Trump’s call for cuts — what should Kevin Warsh do?
Federal Reserve Chair Kevin Warsh faces pressure from President Trump to cut rates while inflation data suggests a rate hike is necessary. Markets now estimate a 91% chance of a hike, complicating Warsh's balancing act between credibility and political pressure.
- Hot inflation, $100 oil: Why a Fed rate hike next week now looks almost certain
The likelihood of a US Federal Reserve rate hike rises to 90% following August inflation data showing elevated prices. Oil prices exceeding $100 a barrel and higher tariffs contribute to ongoing inflation, complicating economic predictions amid calls for lower interest rates from President Trump.
- Pulse of the Street: oil surge and rate hike fears trigger a market sell-off
Rising crude oil has pushed US-Treasury toward 5%, raising market expectations of a rate hike at the upcoming Fed meeting. Market participants brace for heightened volatility ahead of key policy decisions.
- US stocks rebound as oil prices ease, inflation data steadies market sentiment
As of 10:30 a.m. Eastern Time, the S&P 500 climbed 1%, the Dow Jones Industrial Average was up 0.9%, and the Nasdaq Composite was 1.2% higher.