Seoul [South Korea], September 22 (ANI/Global Economic): Short-term interest rates have recently risen above long-term interest rates for the first time since the 2008 financial crisis.
Washington [US], September 22 (ANI): The US Federal Reserve has yet again raised key interest rates in its fight against red-hot inflation in the country. The key policy rate was raised by 75 basis points to 3.0-3.25 per cent -- which is the third consecutive hike of the same magnitude.
Washington [US], September 22 (ANI): The US Federal Reserve for the third time approved an interest rate hike by 0.75 per cent in an aggressive move to tackle the inflation that has been affecting the US economy.
Dalian [China], September 21 (ANI): China's flagship Belt and Road Initiative (BRI) has hit a snag, with many loans to emerging economies falling into repayment troubles, forcing Beijing to scale back on lending.
Mumbai (Maharashtra) [India], September 20 (ANI/BusinessWire India): Tata Capital's Home Loan offering, popular for its low interest rates and simple application process, also provides a seamless home balance transfer process. You can now move your home loans from other financial institutes
New Delhi [India], September 17 (ANI/India PR Distribution): For most people, a personal loan is one of the most sought-after options during a financial emergency. Personal loans prove helpful for various planned and unplanned expenses - borrowers can use the funds for medical expenses, plan
Washington [US], September 16 (ANI): As central banks across the world simultaneously hike interest rates in response to inflation, the world may be edging toward a global recession in 2023 and a string of financial crises in emerging markets and developing economies that would do them lasti
New Delhi [India], September 13 (ANI): Faced with elevated retail inflation in August, the Reserve Bank of India is expected to raise interest rates in the range of 35-50 basis points in its next monetary policy committee meeting, said SBI Research.
Mumbai (Maharashtra) [India], August 30 (ANI/PRNewswire): The pandemic has drastically impacted everyone's lives and society in the past two to three years.
Pune (Maharashtra) [India], August 26 (ANI/NewsVoir): Bajaj Finance has increased FD rates for multiple tenures from August 26, 2022. The rate change will be applicable for all deposits starting at Rs 15,000 to Rs 5 crore made for a tenor of 12 to 23 months, 15 months, 18 months and 22 month
Beijing [China], August 25 (ANI): In an attempt to revive the economy hurt by real estate debt problems, the Chinese central bank announced a sudden strong interest rate cut which has given a severe blow to the Chinese economy at a sensitive time for Chinese supreme leader Xi Jinping, who is
New Delhi [India], August 25 (ANI): Strong growth prospects for the Indian economy will provide the Reserve Bank of India (RBI) with more room for further interest rate hikes, DBS Group Research said in a report on Thursday.