debt ceiling deal

Nifty Bank on Monday hit a fresh record high and crossed the 44,400 level. The index gained over 12 per cent in the last two months. Three stocks - State Bank of India, ICICI Bank Ltd and Kotak Mahindra Bank - accounted for over 60 per cent…

Last Updated: May 30, 2023, 01:36 ISTNew York, United States of America (USA)Trade was expected to remain subdued on Monday because of UK and U.S. public holidays. (Image: Reuters File)Brent crude futures settled up 12 cents, or 0.2%, to…

Last Updated: May 30, 2023, 01:28 ISTLondon, United Kingdom (UK) Asian stocks mostly rose, with Tokyo's Nikkei surging to a new 33-year high. But Chinese stocks fell after data showed profits slumping at China's industrial firms. The US…

With days to spare before a potential first-ever government default, President Joe Biden and House Speaker Kevin McCarthy reached final agreement Sunday on a deal to raise the nation’s debt ceiling and worked to ensure enough Republican and…

After weeks of negotiations, U.S. President Joe Biden and House Speaker Kevin McCarthy have announced an “agreement in principle ” to raise the nation’s debt ceiling and avoid a potentially catastrophic default. The agreement includes…

WASHINGTON: President Joe Biden and House Speaker Kevin McCarthyhave reached an agreement in principle on legislation to increase the nation’s borrowing authority and avoid a default.Negotiators are now racing to finalize the bill’s text.…

Republicans and the White House appear to have reached an “agreement in principle” to raise the debt ceiling – just over a week before the deadline to avoid a potential default. Republican Speaker Kevin McCarthy tweeted the news…

Last Updated: May 19, 2023, 01:59 ISTThe strength of April U.S. economic data in addition to optimism about the debt ceiling negotiations have strengthened market expectations of a further hike. (Image: Reuters File)Brent futures fell…

Last Updated: May 16, 2023, 01:16 ISTMarket participants had little to focus on, outside of partisan wrangling on Capitol Hill as President Joe Biden and congressional Republicans square off over a debt limit deal.None of the three major…