![](https://www.indiawrites.org/wp-content/uploads/2015/12/fed-res.jpg)
US Fed rate hike: What it means for India
In a major move that could bolster the investor sentiment in the developed countries, the US Federal Reserve hiked the benchmark short-term interest rates by 0.25 percent. This has been done for the first time in over seven years after the 2008 financial crisis had forced the US Central Bank to make the interest rates at zero to ease the liquidity crunch.
Read More