Chennai (Tamil Nadu) [India], Oct 10 (ANI): Government-owned Indian Overseas Bank (IOB) on Thursday announced a reduction in its interest rate for the retail segment (housing, vehicle, education and clean loans) as well as micro and small enterprises by 25 basis points.
Hyderabad (Telangana) [India], Oct 10 (ANI): Telangana Transport minister Puvvada Ajay Kumar has said that an adequate number of buses are plying in the state and stringent action will be taken against those who collect tickets at a higher rate.
Pune (Maharashtra) [India] Oct 09 (ANI/BusinessWire India): The Reserve Bank of India reduced the repo rate by another 25 basis points on October 4, bringing it to 5.15 per cent - it's lowest in nine years.
New Delhi [India], Oct 9 (ANI): Rohit Sharma may have impressed almost everyone with his debut performance as an opener in Test cricket, but New Zealand all-rounder Jimmy Neesham found his performance just 'okay'.
New Delhi (India), Oct 7 (ANI): Expressing concern over the present state of the country's economy, the Congress on Monday accused the Centre of creating a trust deficit because of which the people are not taking credits, eventually leading to slowdown.
Mumbai (Maharashtra) [India], Oct 7 (ANI): Equity benchmarks gained during early hours on Monday in line with most global markets after data showed the US unemployment rate dropped to the lowest in almost 50 years.
Lucknow (Uttar Pradesh) [India], Oct 5 (ANI): Hailing the Reserve Bank of India's (RBI's) decision to cut repo rate, Union Minister for Information and Broadcasting Prakash Javadekar said on Saturday that the government has asked banks to transmit accruing benefits to loan borrowers.
Washington DC [USA], Oct 5 (ANI): The US unemployment rate dropped to near a 50-year low of 3.5 per cent, with 136,000 jobs added to the economy in September, country's department of Labour said on Friday.
Mumbai (Maharashtra) [India], Oct 4 (ANI): The interest rate cut by Reserve Bank of India (RBI) failed to boost market sentiment on Friday as equity benchmarks fell after the central bank also lowered its forecast of GDP growth rate to 6.1 per cent for the current financial year.
New Delhi [India], Oct 4 (ANI): Reduction of interest rate by 0.25 per cent by the Reserve Bank of India (RBI) and the accompanying dovish statement keeps the door open for future reductions to revive economic growth amid volatile global trade, experts said on Friday.
Mumbai (Maharashtra) [India], Oct 4 (ANI): Equity benchmark indices reversed early morning trends and turned red on Friday afternoon after the Reserve Bank of India cut repo rate by 25 basis points to 5.15 per cent but also lowered its GDP growth forecast for the current financial year to 6.