- BEST B-SCHOOLS
- INDIA'S BEST EMPLOYERS
- HOTTEST YOUNG EXECUTIVES
- TOP EMERGING COMPANIES
- BEST CFOs
- BEST BANKS
- COOLEST START-UPS
- BEST INNOVATIONS
- MOST POWERFUL BUSINESSWOMEN
- WOMEN'S ISSUE
- BEST SMEs
- LUXURY SPECIAL
- BEST CEOs
- ANNIVERSARY SPECIAL
- UNION BUDGET
- BUSINESS TODAY
- BT MORE
- MONEY TODAY
- GADGETS AND GIZMOS
"The economy continues to operate considerably short of these objectives" of maximum employment and stable prices, the Federal Reserve Chair said at a swearing-in ceremony at the central bank in Washington.
At stake is the continuation of the financing of Greece by the creditors, including a Euro 1 billion ($1.35 billion) bailout installment to be paid in October.
Russia and China too have warned that the end of the US Federal Reserve's bond-buying programme could have a profound impact on the global economy and urged caution.
Overall, growth increased in the third quarter from a 2.5 per cent annual rate in the April-June period to the fastest pace in a year, the Commerce Department said.
A survey by HSBC showed that manufacturing activity expanded marginally in September, rising to 50.2 from August's 50.1.
The US government raked in a revenue of $200 billion last month, and reported outlays of $297.6 billion in the same month.
News You Can Use
- To counter Reliance Jio, Bharti Airtel to offer free data for 12 months
- How to calculate the EMI on your loan
- Mistakes to avoid while doing tax planning in 2017
- Five things to know about new Suzuki Swift 2017
- Service charge by hotels and restaurants not mandatory
- Here's what you need to know to save taxes in 2017