Search For "interest rates"
Congress asks govt to withdraw order reducing interest rates on small savi
Updated : 5 years, 11 months ago IST
New Delhi [India], April 1 (ANI): The Congress on Wednesday said the government's decision to reduce interest rates on small saving schemes was a "fatal blow" to the economic security of depositors and sought its withdrawal.
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Government lowers interest rates on PPF, Sukanya, Senior Citizen, other sm
Updated : 5 years, 11 months ago IST
New Delhi [India], Mar 31 (ANI): Facing economic challenges due to threat posed by coronavirus, the government on Tuesday lowered the rates of interest on various small savings schemes including Public Provident Fund, Sukanya Samriddhi and Kisan Vikas Patra for the first quarter of the fina
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Grow your savings by investing a portion of your salary in an FD
Updated : 5 years, 11 months ago IST
Pune (Maharashtra) [India], Mar 31 (ANI/ BusinessWire India): Budgeting and saving a portion of your salary every month helps you build a corpus over time, which you can later utilise to meet your goals. However, the rate of interest offered on a savings account is hardly enough to combat in
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Start the new financial year on the right foot: invest in an FD
Updated : 5 years, 11 months ago IST
Pune (Maharashtra) [India], Mar 28 (ANI/ BusinessWire India): With the new financial year on the horizon, the time is right for a re-assessment of your risk profile, given the volatility in the market today and the condition of the Indian economy. The Reserve Bank of India (RBI) announced on
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Equity indices slump amid panic selling, Yes Bank surges by 43 pc
Updated : 5 years, 12 months ago IST
Mumbai (Maharashtra) [India], Mar 16 (ANI): Equity indices plunged by nearly 7 per cent during the afternoon on Monday as the coronavirus pandemic showed no signs of ebbing and the US Federal Reserve cut interest rates to near-zero a day earlier to help shore up the world's largest economy.
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Equities tumble as panic selling continues, Yes Bank surges by 48 pc
Updated : 5 years, 12 months ago IST
Mumbai (Maharashtra) [India], Mar 16 (ANI): Equity indices nosedived by nearly 4.5 per cent during early hours on Monday amid the rapidly escalating global coronavirus pandemic even though the US Federal Reserve cut interest rates to near-zero a day earlier to help shore up the world's la
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Federal Reserve cuts interest rates to near zero to support US economy ami
Updated : 2 years, 4 months ago IST
Washington DC [USA], Mar 16 (ANI): The US Federal Reserve has announced it would cut its target interest rate to near zero as part of the emergency action to support the US economy from the impact of the coronavirus pandemic.
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Bank of England slashes interest rates to record low in coronavirus emerge
Updated : 6 years ago IST
London [UK], Mar 11 (ANI): The Bank of England has slashed interest rate to a record low and have launched other measures to limit the economic fallout from the novel Coronavirus (Covid-19), the Central bank said in a statement on Wednesday.
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SBI reduces MCLR by 10 to 15 basis points across all tenors
Updated : 6 years ago IST
Mumbai (Maharashtra) [India], Mar 11 (ANI): The country's largest lender State Bank of India (SBI) on Wednesday announced a reduction in its marginal cost of funds-based lending rate (MCLR) by 10 to 15 basis points across all tenors.
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India's prime residential market remains resilient in 2019: Knight Frank
Updated : 6 years ago IST
Mumbai (Maharashtra) [India], Mar 6 (ANI): Despite wealth growth and record low interest rates in most advanced economies, the economic slowdown has weighed on prime property prices across the globe, according to Knight Frank's Prime International Residential Index (PIRI 100).
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EPFO slashes interest rates on deposits to 8.5%
Updated : 6 years ago IST
New Delhi [India], Mar 05 (ANI): Central Board of Trustees (CBT) of the Employees' Provident Fund Organisation (EPFO) has decided to decrease the interest rate of employees provident fund to 8.5 percent for 2019-2020, announced Labour Minister Santosh Gangwar on Thursday.
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US Federal Reserve cuts rates by 50 basis points amid coronavirus concerns
Updated : 6 years ago IST
Washington D.C. [USA], Mar 4 (ANI): The US Federal Reserve on Tuesday (local time) lowered the interest rates by half a percentage point as coronavirus poses "evolving risks" to economic activity in the country.
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