Wall Street drops, Treasury yields gyrate on Fed Chairman Powell’s remarks

US stocks retreated and benchmark Treasury yields wavered on Tuesday as Federal Reserve Chairman Jerome Powell commenced his semi-annual, two-day monetary policy testimony before Congress. All three major U.S. stock indexes were languid in early trading before Powell’s prepared remarks were released as he sat down to testify before the Senate Banking Committee. “(Powell is) […]

IITs lead in Data Science education, IIM Calcutta tops in masters category, says Imarticus Report 2023

The top three positions in the Bachelor of Data Science degree category among 100 colleges across India were secured by IITs, with IIT Hyderabad leading the way, closely followed by IIT Delhi. Notably, IIT Guwahati emerged as the third-best educational institute for the Bachelor’s Data Science programmme, according to the Data Science Education Report 2023 […]

Will the US Fed’s hawkish tone, rate hike threat stop Sensex, Nifty rally; experts weigh bonds-stocks tradeoff

The US Fed’s hawkish tone prompted a fall in the international and domestic share markets today. Indian equities still remain attractive for long term investors, albeit with a little concern over valuations amid rising interest rates, say experts. The markets had priced in a 50 bps rate hike from the FOMC (Federal Open Market Committee), […]

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