Search For "hike"
RBI hikes repo rate: How real estate developers reacted
Updated : 3 years, 7 months ago IST
New Delhi [India], August 8 (ANI/NewsVoir): Coming on the heels of a 50 BPS increase in the last MPC meeting, the hike in repo rate of 50 BPS by RBI last week raises the lending rate to 5.4 per cent and brings it at par with pre-pandemic levels. Even though it appears marginal, it has evoked
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US Fed Governor Bowman says another "similarly-sized" rate hike needed to
Updated : 3 years, 7 months ago IST
Colorado [US], August 8 (ANI): The US Federal Reserve Governor Michelle W. Bowman said another "similarly-sized" - 75 basis points -- increase in key interest rates should be on the table until the economy sees inflation declining in a "consistent, meaningful, and lasting way".
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Protest erupts in Bangladesh over record hike in fuel prices
Updated : 3 years, 7 months ago IST
Dhaka [Bangladesh], August 7 (ANI): Protests have erupted across Bangladesh after the government has increased fuel prices by more than 50 per cent in the country.
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Another tariff hike likely by telecom operators to recover investments: Re
Updated : 3 years, 7 months ago IST
New Delhi [India], August 7 (ANI): Telecom service providers are expected to hike tariffs in their existing 4G plans, partly to recover their large investments made through bidding of 5G spectrum auction, a rating agency report said.
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Canara Bank hikes lending rate by 50 basis points
Updated : 3 years, 7 months ago IST
Mumbai (Maharashtra) [India], August 6 (ANI): Canara Bank has decided to hike its repo rate linked lending rate by 50 basis points or 0.50 per cent to 8.30 per cent with effect from August 7.
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Bangladesh hikes fuel prices by 50 pc, highest in history
Updated : 3 years, 7 months ago IST
Dhaka [Bangladesh], August 6 (ANI): Bangladesh has increased fuel prices by around 50 per cent, the highest hike since the country's independence in 1971, local media reported on Saturday.
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"PM has handed over country's assets to his friends": Priyanka Gandhi Vadr
Updated : 3 years, 7 months ago IST
New Delhi [India], August 5 (ANI): Congress general secretary Priyanka Gandhi Vadra, who along with party leaders staged a sit-in protest as part of the party's nationwide against the central government over the issues of inflation, price rise, GST and unemployment, on Friday said alleged th
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Sensex closes 89 points higher as RBI hikes policy repo rate by 50 bps
Updated : 3 years, 7 months ago IST
Mumbai (Maharashtra) [India], August 5 (ANI): The Indian stock market's benchmark Sensex closed 89 points higher in a volatile session on Friday after the Reserve Bank of India (RBI) hiked the policy repo rate by 50 basis points to tame inflation.
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RBI Governor says, 50 bps rate hike is the new normal across the world
Updated : 3 years, 7 months ago IST
Mumbai (Maharashtra) [India], August 5 (ANI): The Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday said 50 basis points or 0.50 per cent hike in policy rates has become a new normal for the central banks across the world.
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Indraprastha raises gas prices in Delhi NCR for second time in 2 weeks
Updated : 3 years, 7 months ago IST
New Delhi [India], August 5 (ANI): Gas distribution company Indraprastha Gas has raised prices for piped cooking gas by Rs 2.63 per unit to Rs 50.59, the second hike in less than two weeks.
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RBI hikes repo rate for third time: Here's what experts have to say
Updated : 3 years, 7 months ago IST
Mumbai (Maharashtra) [India], August 5 (ANI): The monetary policy committee of the Reserve Bank of India (RBI) has decided to raise the repo rate by 50 basis points to 5.40 per cent in order to contain the persistently high inflation. Today's hike takes the repo rate above pre-pandemic level
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RBI keeps inflation projection for 2022-23 unchanged at 6.7 per cent
Updated : 3 years, 7 months ago IST
Mumbai (Maharashtra) [India], August 5 (ANI): The Reserve Bank of India on Friday decided to keep inflation projection for the current financial year unchanged at 6.7 per cent and said that the retail inflation would remain above the upper tolerance level of 6 per cent through the first thre
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