Category : Search result: federal aid cuts


US Mortgage Rate Dips to 6.18%, Market Stays Tight

US 30-year fixed mortgage rate falls slightly to 6.18%, offering limited relief. Housing market sees more listings but affordability is a key hurdle for first-time buyers. Details here.

EM currencies climb to near two-month high

Emerging market currencies and stocks rose 0.4% each, reaching levels last seen in late October, buoyed by a softer dollar and local policy cues amid thin holiday trading. Key moves seen in South Korea, Israel, Turkey, China, and Vietnam.

India's $450M Cyclone Aid for Sri Lanka

India announces a major $450 million relief package for Sri Lanka to aid recovery from a devastating cyclone. EAM Jaishankar confirms the support, highlighting India's role as a first responder in the region.

UAE 3rd Largest Global Humanitarian Donor in 2025

The UAE cemented its role as a top global humanitarian donor in 2025, providing $1.46 billion in aid. Read about its major relief efforts in Gaza, Sudan, and global water initiatives.

Gold Falls on Dollar Strength, Silver Recovers Sharply

Gold prices fell for a second day on December 19, pressured by a rising US dollar. However, the metal is set for a weekly gain on Fed rate cut bets. Silver staged a sharp recovery. Read the full analysis and outlook.

European Shares Muted, STOXX 600 Down 0.1%

European shares traded flat on Friday, with tech and consumer stocks falling while banks gained. The STOXX 600 index dipped 0.1% but is set for a strong weekly finish. Read the full analysis.

India dispatches medicines, CT scanner to Afghanistan

India reaffirms its commitment to humanitarian support for the Afghan people, dispatching 40 tons of medical aid, including a crucial CT scanner, to Kabul. Read more about this critical assistance.

Tamil Nadu Sends Rice, Relief to Cyclone-Hit Sri Lanka

Tamil Nadu Chief Minister M.K. Stalin flagged off a ship carrying rice and relief materials to cyclone-affected Sri Lanka, continuing the state's tradition of aid. Read more about this humanitarian gesture.

US Court Allows Trump to Remove Democrats from Labour Boards

A US appeals court has ruled that former President Donald Trump could legally remove two Democratic members from federal labour boards in 2017. The decision has significant implications for the balance of power in US federal agencies. Read more for detail

UAE Field Hospital Provides Vital Medical Aid in Gaza

The UAE's field hospital in Gaza has provided critical medical services to over 18,000 patients and delivered 116 babies since its establishment, offering a lifeline to residents amid the ongoing conflict.

Asian Markets Climb as US Rate Cut Hopes Buoy Sentiment

Asian stock markets mostly advanced Tuesday, lifted by expectations of US interest rate cuts and a slight easing in Japanese bond yield concerns. Key indices in Hong Kong, Japan, and South Korea posted gains.

Gold heads for best annual performance since 1979

Gold prices are poised for fourth straight monthly gain amid Fed rate cut expectations. Bullion could deliver best annual performance since 1979. Read analysis for investment insights.

Gold Falls Amid Conflicting Fed Signals on Rate Cuts

Gold prices dropped 0.5% as investors took profits after recent highs. Conflicting Federal Reserve signals on December rate cuts create market uncertainty. Learn how this affects precious metals.

Gold surges to ₹1.30 lakh/10g in Delhi markets

Gold prices in Delhi surged to ₹1.30 lakh per 10 grams, reaching a near two-week high. Analysts attribute the rise to renewed expectations of US Federal Reserve rate cuts next month. Read more about the market trends.

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