US President Donald Trump has announced a one-year cap on credit card interest rates, proposing a maximum rate of 10 per cent, to be effective from January 20.
In India, growth is projected to moderate from an estimated 7.4 per cent in 2025 to 6.6 per cent in 2026. Resilient household spending, strong public investment, and lower interest rates are expected to underpin economic activity.
The Indian automotive sector concluded the final month of 2025 with robust performance across major segments, driven by improved macroeconomic conditions and positive rural sentiment. According to a report by Asit C. Mehta Investment Interrmediates Limited (ACMIIL), the industry benefited fr
India's banking sector has remained resilient, underpinned by calibrated risk management and improving asset quality, with overall credit offtake expected to strengthen in the near term as interest rates soften, GST rationalisation progresses, and festive demand continues, according to a
Geopolitical developments could also influence prices in the coming months. "Russia and Ukraine are serious about settling down. There are peace talks happening," he said. He also referred to trade discussions, noting, "Between India and the US, tariff talks are going on. If these two subjec
Global dealmaking activity is surging as companies use "dream deals" to gain new technology and grow their market size. The Goldman Sachs 2026 Global M&A Outlook report shows that global M&A volumes increased by 40 per cent year-over-year. A major part of this growth comes from the largest t
Considering the benign inflation outlook - headline as well as core - real interest rates need to be lower. Therefore, I vote for a 25-bps rate cut. This will also stimulate demand and be growth-supportive," the statement from the RBI Governor said in the minutes.
The domestic equity markets opened with gains on Friday, tracking positive cues from Asian markets after the Bank of Japan (BoJ) raised interest rates to the highest level in 30 years.
The Indian rupee has continued to display pronounced weakness this financial year, slipping nearly 5 per cent against the US dollar and consistently trading above the 90-per-dollar mark in recent days.
Moody's Ratings has maintained a stable outlook for the global asset management industry in 2026, citing expectations of steady assets under management (AUM) growth supported by lower interest rates and subdued but stable global economic expansion, even as competition continues to squeeze pr
The US Federal Reserve cut its key interest rate to 3.5-3.75 per cent, its lowest level in over three years, CBS News reported. Officials signalled only one rate cut next year amid slowing job growth and persistent inflation, while divisions emerged within the committee over the latest de