Search For "rate cut"
"Fed not thinking about rate cuts right now at all": Jerome Powell
Updated : 2 years, 4 months ago IST
Federal Reserve Chairman Jerome Powell dashed any hopes for a rate cut in the near future and said that the central bank is not "at all" thinking of the possibility currently.
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Govt received representations, seeking GST rate cut on knives, spoons, wat
Updated : 3 years, 3 months ago IST
Upon a query on whether the government proposes to reduce GST slabs on aforesaid items, the Minister of State for Finance had said the GST rates and exemption were prescribed by the government, based only on the recommendations of GST Council, which is a constitutional body comprising member
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Liz Truss's conservative government takes U-turns on plan to scrap 45p tax
Updated : 3 years, 5 months ago IST
London [UK], October 3 (ANI): Days after UK Prime Minister Liz Truss insisted she would not abandon the tax cut for the wealthiest, the conservative government on Monday took a U-turn on the plan to scrap a 45 per cent tax cut.
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China's real-estate economic slump threatens Xi's aspirations for third te
Updated : 3 years, 6 months ago IST
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
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China's COVID-19 lockdown, rate cuts driving down yuan
Updated : 3 years, 9 months ago IST
Hong Kong, June 14 (ANI): Foreign investors are dumping yuan and fleeing China post COVID-19 lockdown and rate cuts which is exacerbating foreign capital outflow.
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China's Yuan expected to weaken further amid COVID lockdown
Updated : 3 years, 10 months ago IST
Beijing [China], May 12 (ANI): China's Yuan is expected to weaken further over the coming weeks as signs emerge that China's central bank is preparing further interest rate cuts to prop up the faltering economy.
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GST Council should consider time-bound rate cut to boost consumption: Nile
Updated : 4 years, 9 months ago IST
New Delhi [India], May 27 (ANI): Ahead of the 43rd GST Council meeting tomorrow, Nilesh Shah, Managing Director of Kotak Mahindra Asset Management company has appealed to the GST Council to consider a time-bound rate cut to boost consumption that will have a positive impact as consumers will
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Odisha: Public access restricted to govt offices in districts with high CO
Updated : 4 years, 11 months ago IST
Bhubaneswar (Odisha) [India], April 8 (ANI): The Odisha Government on Wednesday restricted public access to government offices in districts with a high incidence of COVID-19 infection rate, particularly in Bhubaneswar and Cuttack.
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Taking order back not going to fool anyone: Yechury after Centre rolls bac
Updated : 4 years, 11 months ago IST
New Delhi [India], April 1 (ANI): Communist Party of India (Marxist) General Secretary Sitaram Yechury on Thursday alleged that the Central government postponed the cuts on the interest rate on small savings schemes in view of ongoing Assembly elections in four states and one Union Territory
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Centre withdraws interest rate cut order on PPF, other small saving scheme
Updated : 4 years, 11 months ago IST
New Delhi [India], April 1 (ANI): The Government of India withdrew the lowered rate of interest on Small Savings Schemes announced earlier, and now the rate of interest on these will remain unchanged as the last quarter of 2020-2021, said Union Finance Minister Nirmala Sitharaman on Thursday
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More policy interest rate cuts to come: Fitch Solutions
Updated : 5 years, 3 months ago IST
Singapore, December 8 (ANI): Fitch Solutions has maintained that the Reserve Bank of India (RBI) will lower its policy repurchase (repo) rate by another 50 basis points by the end of FY22 (April 2021 to March 2022) with forecasts specifically looking at 25 basis points at the last FY21 polic
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Q1 GDP growth contracts by 23.9 pc as COVID-19 cripples economic activitie
Updated : 5 years, 6 months ago IST
New Delhi [India], Aug 31 (ANI): The Indian economy contracted by 23.9 per cent in the April to June quarter (Q1 FY21) as COVID-19 pandemic compressed consumer demand and private investments, government data showed on Monday.
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