Search For "interest rate"
Idle gold for an ideal economy?
Updated : 3 years, 1 month ago IST
New Delhi [India], January 17 (ANI/Mediawire): Bestowed with individuals holding nearly 25,000 tons of yellow metal, India has a tall opportunity to spin the wheel of the economy. With individuals alone holding 25,000 tons of yellow metal worth USD 1.5 trillion, India has a tall opportunity
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More interest rate hikes needed to fight inflation, says US Fed's Bowman
Updated : 3 years, 2 months ago IST
In December, consumer inflation in the US moderated to 6.5 per cent from 7.1 per cent the previous month but still is way above the 2 per cent target.
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Home Loan Interest Rates Are Rising. How Does It Affect You
Updated : 3 years, 2 months ago IST
New Delhi [India], January 13 (ANI/ATK): With rising costs, different financial institutions have increased the interest rate on home loans. This can turn out to be an additional burden on your finances and lead to disruption of your monthly budget. This can lead your family to compromise
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World Bank cuts global growth estimate for 2023 over recession risks
Updated : 3 years, 2 months ago IST
According to the World Bank's latest Global Economic Prospects report, global growth is slowing sharply in the face of elevated inflation, higher interest rates, reduced investment, and disruptions caused by Russia's invasion of Ukraine.
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World Bank says fragile economic conditions might usher in recession
Updated : 3 years, 2 months ago IST
Given fragile economic conditions, any new adverse development such as higher-than-expected inflation, an abrupt rise in key interest rates to contain it, a resurgence of the Covid-19 cases, or escalating geopolitical tensions could push the global economy into recession.
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Indian stocks largely steady after US central bank policy minutes
Updated : 3 years, 2 months ago IST
The US Federal Reserve officials believe it would not be "appropriate" to begin loosening monetary policy stance in terms of interest rate in 2023, Minutes from the latest policy meeting held on December 13-14 showed.
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US Fed officials believe not "appropriate" to loosen monetary policy rate
Updated : 3 years, 2 months ago IST
The US Federal Reserve officials believe it would not be "appropriate" to begin loosening monetary policy stance in terms of interest rate in the year 2023.
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Bajaj Finance Fixed Deposit: Offers Attractive FD Rates, for Special Tenur
Updated : 3 years, 2 months ago IST
Pune (Maharashtra) [India], December 28 (ANI/NewsVoir): To develop an investment habit and earn regular interest, you can start a fixed deposit. Needless to say, the initial step for investment is to find the right financial institution. To select the best issuer, consider certain facts like
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Outlook 2023: Indian real estate sector to keep rising, interest rates key
Updated : 3 years, 2 months ago IST
A global recession may have direct and considerable repercussions on the Indian commercial office market as it depends heavily on expansion by global corporates.
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Bajaj Finance increases Fixed Deposit Interest Rates by up to 25 Basis Poi
Updated : 3 years, 2 months ago IST
Pune (Maharashtra) [India], December 23 (ANI/NewsVoir): With effect from December 22, 2022, Bajaj Finance, the lending division of Bajaj Finserv Limited, increased its fixed-rate (FD) rates by up to 25 basis points for terms of 12 to 24 months. The updated Bajaj Finance FD rates will apply t
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Premature pause in monetary policy action would be costly error: RBI Gover
Updated : 3 years, 2 months ago IST
Raising interest rates typically cool demand in the economy, thereby putting a brake on inflation.
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Bank of Japan stuns markets with yield control policy change
Updated : 3 years, 2 months ago IST
The BOJ said the yield on the 10-year Japanese government bond could rise as high as 50 bps from a previous cap of 25 bps. The central bank has set a target range around zero for the benchmark government bond yield since 2016 and used that as a tool to keep overall market interest rates low,
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